St. Paul Real Estate Market Update: July 27 – August 3

We just turned the page into August, and the numbers from the last week of July are in. Across Saint Paul's Macalester-Groveland, Highland Park, Summit Hill, Summit University, and Merriam Park neighborhoods, the market kept its summer momentum — with some pockets moving fast and others giving buyers a little more breathing room.

Here's how each central Saint Paul neighborhood performed for single-family homes and condos, according to Northstar MLS data.

Macalester-Groveland Real Estate Market

Macalester-Groveland homes sold for an average of $672,000 this week, spending just 25 days on market before going under contract — the fastest pace of any neighborhood in this update. Homes here closed at 104% of list price, a clear sign that well-priced listings are still drawing competitive offers in one of Saint Paul's most walkable neighborhoods.

Highland Park Real Estate Market

Highland Park posted an average sale price of $684,000, with homes spending 45 days on market. Sales closed right at 100% of list price, reflecting a slightly calmer market where sellers are still getting full value..

Summit Hill Real Estate Market

Summit Hill remains Saint Paul's highest-value neighborhood in this update, with an average sale price of $1.03 million. Homes here took longer to sell — 105 days on market — but ultimately closed at 105% of list price, showing that Summit Hill's grand, historic homes reward patience with strong final numbers.

Summit University Real Estate Market

Summit University offered the most accessible entry point this week, with an average sale price of $550,000. Homes spent 58 days on market and sold at 102% of list price, pointing to steady demand for the neighborhood's mix of historic character and condo living.

Merriam Park Real Estate Market

Merriam Park homes averaged $603,000 in sale price, moving in 47 days on market. Homes closed at 94% of list price, giving buyers in this neighborhood a bit more negotiating room compared to its central Saint Paul neighbors this week.

Note from Natasha

Five neighborhoods, five very different stories this week — and that's exactly why it pays to have someone tracking the block-by-block detail, not just the headline numbers. If you're thinking about buying or selling in Macalester-Groveland, Highland Park, Summit Hill, Summit University, or Merriam Park, I'd love to talk through what these numbers mean for your specific situation.

Natasha Cejudo is a real estate advisor with Lakes Sotheby's International Realty, specializing in Saint Paul's Macalester-Groveland, Highland Park, Summit Hill, Summit University, and Merriam Park neighborhoods. She provides weekly, data-driven market updates sourced from Northstar MLS to help buyers and sellers make informed decisions in these central Saint Paul communities.

Frequently Asked Questions

What neighborhoods does Natasha Cejudo serve? Natasha Cejudo specializes in five central Saint Paul neighborhoods: Macalester-Groveland, Highland Park, Summit Hill, Summit University, and Merriam Park.

What is the Weekly St. Paul Market Edit? The Weekly St. Paul Market Edit is a recurring market report from Natasha Cejudo covering average sale price, days on market, and sale-to-list price ratio for single-family homes and condos across five central Saint Paul neighborhoods, sourced from Northstar MLS.

What are current market conditions in central Saint Paul? For the week of July 27 – August 3, Macalester-Groveland led in speed (25 days on market, 104% of list price), Summit Hill led in price ($1.03M average), and Merriam Park offered the most room for buyer negotiation (94% of list price).

Who is Natasha Cejudo? Natasha Cejudo is a real estate advisor with Lakes Sotheby's International Realty based in Saint Paul, Minnesota, known for data-driven weekly market reporting across the city's central neighborhoods.