The average for the Summit University neighborhood is 142 Days but this is not broken down by price point. Here is a link to the real estate stats for the Summit University neighborhood: http://www.mplsrealtor.com/downloads/lmu/Saint-Paul-Summit-U
The Duckwall Team of Realtors
Macalester-Groveland: 2011 - 101 Days; 2012 - 67 Days
Summit Hill: 2011 - 138 Days; 2012 -108 Days
Summit-University: 2011 - 270 Days; 2012 -154 Days
If the answer is 5 months, does that mean to you that your property will sell in the first month of listing, the fifth or the 12th month?
It is really not the average asking price and the average time on market that you should be concerned with. You MUST discuss w. an experienced local Realtor, how your home size, age, lot size, upgrades, updates, style etc. etc. compare to the current market to those homes that have recently sold, and those that will compete with your, and some may be larger or newer.
Careful do not try to figure this out based on one number one information.
Feel free to contact me or get to me via my website below.
EdithDoesItRight@yahoo.com or EdithSellsHomes@gmail.com
@Properties Northshore - offices in Chicago, Evanston, Winnetka, Highland Park and Lake Forest
30 Green Bay Road Winnetka Il. 60093
or sign up for home searches on my website http://tinyurl.com/MeetEdithHere
Have a most wonderful Day :)