St. Paul Real Estate Market Update: July 13–20
It was another sweltering week in St. Paul — July is cooking in more ways than one. While residents sought shade and shortened their time outdoors, the housing market across the city's central neighborhoods kept moving at its own steady pace. Here's what happened this week in Macalester-Groveland, Highland Park, Summit Hill, Summit University, and Merriam Park.
Macalester-Groveland continues to post some of the strongest numbers among central St. Paul neighborhoods this week. The average sale price came in at $667,000, with homes spending just 25 days on market on average — the fastest turnaround of the five neighborhoods tracked. Sellers here are also seeing strong results at the negotiating table, with homes closing at 103% of list price on average, a clear sign of continued buyer demand outpacing available inventory.
Highland Park recorded an average sale price of $680,000 this week, with homes averaging 41 days on market. The neighborhood's 99% of list price ratio suggests a more balanced negotiating environment compared to Macalester-Groveland, with most sellers landing very close to their original asking price.
Summit Hill remains the highest price point among the five neighborhoods, with an average sale price of $1.04 million this week. Homes here spent an average of 106 days on market — longer than the other neighborhoods, which is typical for a higher-end price tier where the buyer pool is naturally smaller. Despite the longer timeline, sellers are still achieving strong outcomes, with homes closing at 101% of list price on average.
Summit University posted an average sale price of $596,000 this week, the most accessible price point among the five neighborhoods. Homes averaged 50 days on market, with sellers closing at 98% of list price on average — a healthy, steady market for both buyers and sellers.
Merriam Park saw an average sale price of $625,000 this week, with homes averaging 42 days on market. The neighborhood's 100% of list price ratio reflects a well-balanced market where asking prices are aligning closely with what buyers are willing to pay.
Natasha Cejudo is a real estate agent with Lakes Sotheby's International Realty specializing in central St. Paul's most sought-after neighborhoods: Macalester-Groveland, Highland Park, Summit Hill, Summit University, and Merriam Park. With deep local market knowledge and a weekly pulse on neighborhood-level pricing trends, Natasha helps buyers and sellers navigate these communities with confidence and clarity. Whether you're exploring your first home in Summit University or negotiating a luxury sale in Summit Hill, Natasha brings hyper-local expertise to every transaction.
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Natasha prides herself on an honest, transparent, and comprehensive approach based on mutual understanding and clear communication. She is patient, insightful, attentive, and responsive; her professionalism, humor, and candid approach make her a joy to work with. If you are considering a move this year or next, she would welcome a conversation with you!