Roseville's Completed Home Sales Rise in August

Home sales made a hefty gain in Roseville in August 
There were 52 completed , or so-called closed, home sales in August in the city, up from 40 or a 30 percent gain compared from a year ago, according to the latest report from the St. Paul Area Association of Realtors (SPAAR). 
However, Roseville's median home sales price took a slight tumble. It was $186,500 in August, down from $212,750 for the same month in 2012, the association reported.  That was about a 12.3 percent decline 
For other Fridley numbers, see the graphic above. 
Roseville's August results were in line with the Twin Cities housing market as a whole. The metro area's median sales price rose 16.9 percent from last August to $208,000 this year.  
Closed sales for August reached 5,575, up 8.9 percent compared from a year ago. The total number of closed sales year-to-date was 36,257, up 10.5 percent, SPAAR said. 

Homes were on the market for a shorter time before they are sold, SPAAR officials said. A year ago, the typical home sold in 106 days; this August that figure dropped to 70 days, the fewest days on the market since before 2007,SPAAR said.  

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