St. Louis Park Real Estate

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ST. LOUIS PARK REAL ESTATE

Named for the Minneapolis and St. Louis Railway that once ran through the area, St. Louis Park, Minnesota was originally named Elmwood, which is now a neighborhood within the St. Louis Park boundaries.

A close-in suburb of Minneapolis, St. Louis Park lies adjacent to the western edge of the city in Hennepin County. Repeatedly named as one of the nation’s most advantageous places to live for young people by America’s Promise, St. Louis Park’s proximity to Minneapolis offers its residents countless educational and employment opportunities.

Additionally, St. Louis Park real estate is valued for its nearby Twin Cities location, offering all the advantages of suburban living, and the limitless work, shopping and entertainment advantages of a major metropolitan area.

St. Louis Park schools have long been recognized for the high quality of education available to locals. In fact, each and every public school overseen by the St, Louis Park Independent School District, has received recognition by the United States Department of Education as a Blue Ribbon School of Excellence.

A city of over 40,000, St. Louis Park, Minnesota is home to nearly 3,000 businesses, and six hotels, providing a solid economic base for the municipality. The city additionally has a vibrant downtown theatre district and numerous community trails and parks, which greatly contribute to St. Louis Park’s overall appeal to those seeking the ideal suburban community.

ST. LOUIS PARK HOMES FOR SALE

The average listing price of St. Louis Park homes for sale for the quarter July thru September 2009 was $257,869, a drop of 0.5%. Median sales price for this period was $211,050, a decrease of 3.2%. Average price per square foot was $202, down 8.2%.

Average Listing Price:

1 bedroom      $181,978      – 0.4%

2 bedrooms     $207,204     – 1.7%

3 bedrooms     $272,121     + 0.8%

4 bedrooms     $340,140     – 1.0%

ST. LOUIS PARK REALTORS

Planning to purchase a St. Louis Park real estate property can be a daunting experience without the help of a real estate professional thoroughly familiar with the city, and the marketing conditions that pertain to the area.

Preferred Home Team are the St. Louis Park realtors who can best help you to find the home that will ideally suit your needs and budget. We will guide you through the stressful and difficult purchasing procedures that often involve a short sale or bank foreclosure, if that is your choice.

Preferred Home Team knows where the homes are that offer the best value for your money, and we will help you to negotiate the lowest possible purchasing price. Client satisfaction is the Preferred Home Team’s primary goal, and our proven track record of success is your guarantee that you are being represented by the Twin Cities most dedicated St. Louis Park, Minnesota realtors.