The city of Afton is located approximately 15 miles east of downtown St. Paul. With a population of approximately 2800 residents along the St. Croix River.
From May of 2014 to May of 2015 this is the most up to date information on what is happening in the Afton Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
|Median Sales Price||$422,500||$359,675||-14.9%|
|Days on the market||61||243||+298.4%|
|Months Supply of Inventory||9||6.7||-25.6%|
What this means for you if you're selling your home:
First, it's worth commenting on the small sample size. Afton is a smaller community so anytime there is one house that's sold for more money or was on the market a little longer it will have a big impact on the percentages we report above.
- The most important number we are looking at is months supply of inventory. In 2014 it was a strong BUYER's market in Afton. Unlike the rest of the Twin Cities where we saw a stronger SELLER's market. We like that the market appears to becoming more balanced which will be advantagous for seller's for the rest of the year.
- Even though there has been a drop in the median sales price, Afton is still outperforming the rest of the metro with the average sale price.
- With more closed sales so far this year, we suspect for the next few months it will be a good time for homeowners to sell their homes in Afton.
See more Statistics on Afton Real Estate Here
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