West St. Paul is located in Dakota County and is a city just south of St. Paul. The confusing name comes from the history of the city. It used to be part of the city of South St. Paul, when the western section split; and in part because it lies on the west side of the Mississippi River.
From May of 2015 to May of 2016 this is the most up to date information on what is happening in the West St. Paul Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
| 2015 | 2016 | +/- | |
| New Listings | 171 | 157 | -8.2% |
| Closed Sales | 111 | 94 | -15.3% |
| Median Sales Price | $154,750 | $180,000 | +16.3% |
| Days on the market | 87 | 70 | -19.5% |
| Months Supply of Inventory | 3.0 | 2.0 | -33.3% |
What this means for you if you’re selling your home:
It’s a very good time to sell your home if you live in West St. Paul!
- New listings are down and closings are down from last year, which means inventory is low.
- The sales price for homes is up roughly $25,000.
- The best news has to do with how many homes are on the market. There is a shortage of homes currently listed which means there is more demand, which will continue to drive up the prices of homes. In fact, it has become a stronger seller’s market in West St. Paul than it was one year ago.
See more Statistics on West St. Paul Here
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