The overall Twin Cities real estate market is hot right now, with sales prices up 7.2% over just the past month and the number of sales up a whopping 32%! Twin Cities home SALE PRICES have been increasing every month since early 2012 and after more than 2 years of trailing the overall Twin Cities market recovery Roseville area homes sales have been outpacing the metro area market for the past 12 months and counting.
Roseville area homes SALES are surpassing NEW LISTINGS by a sizable 16%, driving down the supply of available homes to levels not seen in more than 10 years. PENDING SALES in Roseville have increased at nearly double the rate of the overall Twin Cities market area, making it currently one of the hottest areas in the metro.
What does all this mean? If you have been considering selling your home, now may be the time! The spring market always results in the strongest homes sales of the year, typically peaking between April and June. The Spring market accounts for nearly twice as many sales than at any other time of the year.
Roseville area real estate is highly desirable to a wide variety of homebuyers from young families to seniors, due to it’s abundance of well maintained, versatile mid-century housing stock, featuring custom-built 1-level homes. This along with it’s ideal location, being central to both downtown Minneapolis and St. Paul, as well as a high concentration of employment, shopping, dinning, parks and trails make it a premier community to live in. A true testament to this is, the unusually high number of 1 and 2-owner homes that were built more than 50 years ago!
If you are considering buying or selling a Roseville area home, please give me a call. I know this market well and will professionally and pleasantly guide you through the home sale process.