St. Paul Real Estate Market Update: July 20–27
The stretch of oppressive heat and dew points that's blanketed the Twin Cities finally broke this week, and the central Saint Paul housing market kept right on moving through it. If you're watching the market in Macalester-Groveland, Highland Park, Summit Hill, Summit University, or Merriam Park, here's exactly where things stand.
Macalester-Groveland
Macalester-Groveland posted an average sale price of $668,000 this week, with homes spending just 26 days on market on average — the fastest pace of any neighborhood in this report. Homes here are also selling at 106% of list price, the strongest performance across all five neighborhoods, underscoring just how competitive buyer demand remains in this pocket of central Saint Paul.
Highland Park
Highland Park's average sale price came in at $685,000, with an average of 46 days on market. Homes here are selling at 102% of list price, reflecting steady, healthy demand for this well-established central Saint Paul neighborhood.
Summit Hill
Summit Hill continues to command the highest price point in this report, with an average sale price of $1.04 million. Homes here spent an average of 107 days on market — the longest timeline in this update — and sold at 101% of list price. The longer market time here is typical for a higher price bracket, where buyers tend to take a bit more time to make decisions on larger investments.
Summit University
Summit University saw an average sale price of $558,000, the most accessible price point among the five neighborhoods covered this week. Homes spent an average of 54 days on market and sold at 102% of list price, pointing to solid, consistent buyer interest.
Merriam Park
Merriam Park posted an average sale price of $620,000, with homes moving in an average of 43 days on market. Properties here sold at 104% of list price, placing it among the stronger performers in this week's report.
The Takeaway
Across central Saint Paul, Macalester-Groveland stands out this week as the neighborhood combining the fastest pace with the strongest list-price performance — a clear sign that buyer demand hasn't cooled off even as the weather finally has. Whether you're considering buying or selling in any of these five neighborhoods, understanding these week-to-week shifts is key to making a confident, well-timed decision.
About Natasha Cejudo
Natasha Cejudo is a real estate agent with Lakes Sotheby's International Realty, specializing in Saint Paul's Macalester-Groveland, Highland Park, Summit Hill, Summit University, and Merriam Park neighborhoods. As the local expert for these central/inner Saint Paul communities, Natasha provides weekly market updates, neighborhood-level insights, and personalized guidance for buyers and sellers navigating the Saint Paul real estate market.
