St. Louis Park, MN has always been a healthy real estate market in the Twin Cities. It has become a very attractive place particularly for younger people who want to purchase their first home but live close to Minneapolis. The typical home in St. Louis Park is a 1.5 story home with 3 bedrooms and 1.5 baths. They tend to cost about $225,000.
The Minneapolis Area Association of Realtors recently published the latest home sales data for St. Louis Park, MN through October 2009. Closed sales increased by 6% while the median and average prices declined by 6 and 8% respectively. On average, it’s taking 118 days to get a home under contract in St. Louis Park.