Macalester Groveland

What $329,500 Buys in Saint Paul's Macalester-Groveland Neighborhood

Here is MLS #  4314643

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This stunning home is located at 555 Cretin Ave S in St. Paul, Minnesota.  It has 3 bedrooms, 2 bathrooms, and 1,940-square-feet of space. The house is in the high-demand neighborhood of Macalester Groveland.

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Built in 1950, it has been recently renovated, including a custom kitchen with slate and hardwood floors. It also has a new furnace/AC, roof, windows, garage and more.

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Brr! Light a fire in the fireplace, wrap up in a blanket and cozy up against the cold in your new home. This Mac-Groveland home can be yours for $329,500!

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What $225,000 Buys in Saint Paul's Macalester-Groveland Neighborhood

Here is MLS # 4114871

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This one-and-a-half story home located at 2110 Juliet Avenue is in the Macalester-Groveland neighborhood of St. Paul MN. This wonderful home in a premium location was built in 1922. It has 3 bedrooms, 2 bathrooms, and 1,100-square-feet of space.

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This well-cared for home has an updated kitchen and a built-in buffet.

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For $225,00, you could be enjoying the large front porch, hardwood floors, and large fenced in backyard.

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Summer Signs of Optimism in Twin Cities Real Estate

Despite continuing economic uncertainty, the housing market in the Twin Cities area showed modest signs of improvement in July.

At the end of the month, pending Twin Cities real estate sales were up 42.7% over the same month of the previous year, when sales were dropping after the tax credit expired for first-time home buyers. It was the third consecutive month of double-digit, year-over-year gains in pending sales, according to data released by the Minneapolis Area Association of Realtors.

Home prices have not yet rebounded and a new report suggests that foreclosures will continue to dominate the market. In spite of this, market watchers see reasons to be optimistic.

Declining inventory is the most promising sign. With sellers reluctant to brave the tough market, new listing activity was down 16% in July compared with last year, helping send total inventory down 19% from a year ago. About 24,000 homes are on the market today.

Similar tentatively good news recently came from a report on the Twin Cities housing market from the University of St. Thomas.

The University of St. Thomas’s Real Estate Index, which is based on nine market indicators, increased from 784 in June to 799 in July; the index was 847 in July 2010. While closed sales were up 34 percent compared with last year, the report showed that the median sale prices of all closed sales dropped three percent from June to July, from $165,000 to $160,000.Compared with 2010 prices were down 8.5 percent. Excluding foreclosures and short sales, prices were down only 1.5 percent from June to July and down 10.4 percent from July 2010 to 2011.

The Minnesota Association of Realtors said that throughout the state the number of closed home sales during July was down 33.5% with the median sale price of those deals down 6.5%. These are comparisons to July 2010. Despite an uptick in sales activity this summer, the number...

Saint Paul Real Estate Market Analysis for February 2009

According to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities, new posted listings for homes in St. Paul MN, decreased in February.  There were 480 new listings in Saint Paul throughout the month, compared to the 602 homes put up on the market during February 2008.  That is a decline of -20.3%.  In contrast, there were 548 new listings in January 2009.  The Merriam Park neighborhood and West 7th neighborhood of St. Paul experienced increases in posted new listings, while rest saw their listings decrease.

For the year to date posted new listings in St. Paul, the picture looks just a little different. For February and January, there were 1,027 new listings, compared to the 1,164 during the same time frame of 2008. That’s a -11.8% reduction.  The Greater East Side, Merriam Park, and West 7th neighborhoods saw a rise in listings up to +17.4%; other Saint Paul neighborhood listings dropped.

There were many homes sold in Saint Paul in February compared to 2008.  There were 202 homes sold throughout the month, a full +27.0% increase over the 159 homes sold in February of 2008!  Rates at which homes were selling varied from neighborhood to neighborhood, with the biggest differences seen in West Side/Cherokee...

Saint Paul Real Estate Market Analysis for January 2009

The first St. Paul real estate market analysis for the year of 2009! New posted listings for homes in St. Paul, Minnesota, decreased in January according to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities.  During the month, there were 548 new listings in Saint Paul, compared to the 562 homes put up on the market during January 2008.  That is a decrease of just -2.5%.  It was a mixed bag when the posted new listings are broken out by neighborhood, as some big increases while others saw decreases. Here is a breakdown of new listings by Saint Paul neighborhood:

The number of homes sold within St. Paul, Minnesota, in January 2009 is higher than the same month of 2008, a trend that has been running for a few months.  There were 170 homes sold throughout the month, a +7.6% increase over the 158 homes sold in January 2008.  Closed sales on homes for January 2009 in Saint Paul by neighborhood:

The prices of homes sold in St. Paul have continued to fall.  The average sales price of a home sold in January was $111,222, a negative change from the $205,897 of January2008.  That is a decrease of -46.0%. Only the West 7th neighborhood saw an increase in real estate prices in January. The percentage...

Saint Paul Real Estate Market Analysis for December 2008

This is the final St. Paul real estate market analysis for the year of 2008.  According to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities, new posted listings for homes in St. Paul, Minnesota, increased in December.  There were 399 new listings in St. Paul, compared to the 351 homes put up on the market during the same month of 2007, which adds up to an increase of +13.7%.  Unlike November, lots of neighborhoods in Saint Paul saw increases in new listings.  The increase is a little unusual, because December is obviously a month full of holidays and most people don’t want the hassle of putting their house up on the market.

There were 6,859 new listings of homes for sale in St. Paul that were posted within the 2008 year.  That is a decline of -8.8% from the 7,520 homes listed throughout the year of 2007.  The neighborhoods of Mac-Groveland, St. Anthony / Midway, and West 7th experienced the greatest declines in new listings.  The Phalen and West Side / Cherokee neighborhoods have been the only St. Paul neighborhoods that saw boosts in new listings compared to 2007.

There was a higher number of homes sold within St. Paul, Minnesota, in December 2008 than in 2007.  There were 217 homes sold during the month, +5.9% more than the 205 homes sold during December of 2007.  There were 3,046 closed sales in Saint Paul...

Saint Paul Real Estate Market Analysis for November 2008

New posted listings for homes in Saint Paul, Minnesota, decreased during November according to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities.  Throughout the month, there were 398 new listings in St. Paul.  In the previous year, there were 481 new listings during November.  That is a -17.3% reduction in new listings, comparatively.  The only neighborhoods of St. Paul which saw increases in posted new listings of homes for sale were Phalen and Merriam Park.  A drop off in new listings is to be expected now and over the next few months as the winter season really starts kicking up snow. 

Saint Paul’s new listings of homes for sale from for the year-to-date from January through November are at 6,460.  That is a decrease of -9.9% from last year’s 7,169 for the same time frame.  Southeast, St. Anthony / Midway, and West 7th neighborhoods are continuing to experience great declines in homes being listed for sale.  The Phalen and West Side / Cherokee areas have been the only Saint Paul neighborhoods to see boosts in new listings through the month of November.

And now the part that you’ve been waiting for: the good news.  The number of homes sold within St. Paul, Minnesota, during November...

Saint Paul Real Estate Market Analysis for October 2008

New listings for homes in Saint Paul, Minnesota, fell again during October according to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities.  Throughout the month, there were 515 new listings in St. Paul.  During October of 2007, there were 603 new listings.  That is a decrease of about -14.6%.  Normally, I list the neighborhoods here that saw the greatest decreases in new listings, but there are many which saw decreases of 20% to over 45%.  The only neighborhoods which saw any significant increase of new listings were the Phalen and Merriam Park neighborhoods of Saint Paul

Posted new listings of Saint Paul real estate for the year to date were at 6,062 from January through October.  That is a decrease of -9.4% from last year’s 6,688 during the same time period.  Merriam Park, West 7th, and St. Anthony / Midway continue to experience great decreases in new listings.  The Phalen neighborhod and West Side / Cherokee neighborhoods are the only ones to have seen any increases in new listings for the year to date.

Now for a really good number: The amount of homes sold within Saint Paul, ...

More Green Minds in Saint Paul

Yesterday, I wrote a blog post about some youths working to make a difference in the environment of Dayton’s Bluff neighborhood of Saint Paul.  I ran across an article today about yet another young person working to make the world a cleaner place to live, within St. Paul and beyond.  This time, he hails from the Macalester neighborhood of Saint Paul.

A student from Macalester College was honored in San Francisco this week with a Brower Youth Award.  The award recognizes six North American environmental leaders between the ages of 13 and 22.  21-year-old Timothy DenHerder-Thomas will receive a $3,000 award and participate in skills-building and mentoring workshops.

DenHerder-Thomas believes that becoming more earth-friendly as a society doesn’t need to be a story of hardship and personal sacrifices.  Instead, he has demonstrated that climate solutions are opportunities for economic profit and local community building.

He is responsible for spearheading the creation of the Clean Energy Revolving Fund at Macalester College in Saint Paul, which is a financial pool for campus initiatives that funds profitable sustainability projects that repay the fund and help it grow.  It is now nearing $100,000 and yielding over 30% annual returns.

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Saint Paul Real Estate Market Analysis for September 2008

Changing from what has been happening in recent months, new listings of homes for sale in Saint Paul, Minnesota, rose during September according to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities.  During the month, there were 621 new listings in St. Paul.  Throughout September of last year, there were 602 new listings.  That is equal to an increase of about +3.2%!  The Phalen and Highland Park neighborhoods of St. Paul experienced the greatest increase in new listings during September at +44.3% and +32.4% respectively. On the contrary, the West 7th and Merriam Park neighborhoods saw declines in new listings of -45.0% and -50.0% respectively during September. 

Posted new Saint Paul real estate listings from January through September for the year to date were at 5,543.  That is a decrease of -8.9%.  The month of September’s rise in new listings helped to raise that number up a bit that from August’s -10.2%.  If the trend continues in October for new listings in Saint Paul, the real estate market might be on par with posted listings for last year.  Saint Paul's Merriam Park and St. Anthony / Midway had the most extreme decrease in new listings.  The Phalen and West Side / Cherokee neighborhoods have seen...

Saint Paul Real Estate Market Analysis for July 2008

Once again, new listings for homes fell in Saint Paul, Minnesota, during the month of July, according to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities. During July of 2008, there were 599 new listings in the City of Saint Paul. In July of 2007, there were 692 new listings, which is a drop of about -13.4%, a bit worse than June's drop of 8.9%. The Mac-Groveland neighborhood of St. Paul experienced the greatest decline in new listings this month at -56.9%. The West Side/Cherokee neighborhoods experienced the greatest increase in new listings over last year at 41, a whopping 86.4% more listings when compared to July 2007’s statistics.

Looking at posted new listing for Saint Paul real estate the 2008 year-to-date, from January through July, there were 4,369 new listings in the city, compared to 4,841 during the same time period of 2007. That means there were 9.8% fewer new listings so far this year. The most dramatic changes have happened in the St. Anthony/Midway neighborhoods, where new listings have decreased by 29.8% while the Phalen neighborhood’s new listings continue to increase with 12.1% more houses for sale than last year.

Yet again, a reduction in the amount of listings has not meant fewer closed sales on homes in Saint Paul MN. At 300, there were 5.3% more closed sales this year in July than...

The Macalester-Groveland Neighborhood of Saint Paul

The Macalester-Groveland neighborhoods of the city can be found in west central St. Paul. Its boarders are Summit Avenue on the north, the Short Line and a segment of Interstate 35E on the east, Randolph Avenue on the south, and on the west, the Mississippi River. The neighborhood is primarily residential with some commercial areas.

Macalester-Groveland neighborhood is upscale with a mix of families and students.  Due to its close proximity to the Mississippi River’s edge, the area is very beautiful. With its scenic river landscape, diverse variety of residents, and outstanding academic institutions, this neighborhood is the perfect location for couples, families, and retirees alike to set down roots.

Mac-Groveland boasts many schools for its comparatively small area, meaning a good education is nearby for students of all ages. The public schools here are Groveland Park Elementary School, Randolph Heights Elementary School, and Ramsey Junior High School, all of which are a part of Saint Paul Public Schools.  There are also quite a few private and parochial schools from which to choose.  Three private colleges make their home in Mac-Groveland: the affluent Macalester College, the University of Saint Thomas, and the ...

Saint Paul Real Estate Market Analysis for May 2008

New listings for homes fell in Saint Paul, Minnesota, during the month of May, according to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities. During May of this year, there were 623 new listings in the City of Saint Paul. Throughout May of 2007, there were 818 new listings, which is a drop of about 23.8%.  St. Paul’s Downtown neighborhood experienced the steepest decline in new listings at -56.3%.  The West Side/Cherokee neighborhood was the only area of St. Paul to experience an increase in new listings compared to last year. 

When looking at Saint Paul’s posted new listing for the 2008 year-to-date, there has been less dramatic decrease by over half.  From January through May, there were 3,138 new listings in the city, compared to 3,455 during the same time period of 2007. That means there are 9.2% fewer new listings for the year. The most drastic changes happened in the Saint Anthony/Midway neighborhoods, where new listings have decreased by 31.1% while the Phalen neighborhood’s new listings increased by 11.9%.

In addition to reduced listings, closed sales on homes in St. Paul, Minnesota, also declined during the month of May. At 258, there were over 8.8% fewer closed sales than May of 2007’s 283.  For the 2008 year from January through...

Saint Paul Real Estate Market Analysis for April 2008

New listings for homes fell in Saint Paul, Minnesota, during the month of April, according to the Minneapolis Area Association of Realtors’ Market Update for 100 Twin Cities Communities. During April of 2008, there were 681 new listings in the City of Saint Paul compared to April of 2007’s 806 new listings. This is a drop of about 15.5%. It is very different from March 2008’s drop of just 4.1%.  The Downtown neighborhood of St. Paul experienced the greatest decline in new listings at -42.4%. 

In March of 2008, the East Side, Mac-Groveland, North End/Frogtown, Phalen, and West Side/Cherokee neighborhoods had more new listings than March 2007. However, in April, there weren’t any neighborhoods in St. Paul which experienced an increase in new listings. The Mac-Groveland and West Side/Cherokee neighborhoods managed to hold steady, showing no increase or decline for the month of April compared to last year.

Looking at posted new listings of Saint Paul real estate for the 2008 year-to-date, the decrease appears to be less drastic.  From January through April of this year, there were 2,515 new listings in the city, compared to 2,637 throughout the same time period of 2007. That is a decrease of just 4.6% new listings in St. Paul so far this year. The most remarkable...

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