Heidi Herda of Keller Williams Sells Another St. Louis Park Home to First-Time Home Buyer's

ST LOUIS PARK, Minn. - Aug. 6, 2015 - PRLog -- Heidi Herda of Keller Williams Classic Realty Sells Another St. Louis Park Home to First-Time Home Buyer's.

Heidi Herda is a residential Real Estate specialist working in the Twin Cities MN area. Her most recent sale was assisting a couple buy their first home. The sold property was located at Minnetonka Blvd and Kentucky Ave S in the Lenox neighborhood. The property was listed at $227,500 with only 1 day on the market. The home was your typical one and a half story home with a 2-car detached garage. The home was listed at 1,542 square feet with 3 bedrooms and 1 bath. The property was located in the 55426 area code and part of 283- St. Louis Park School District. This St. Louis Park home that was sold by Heidi Herda had a few updates, and was originally built in 1947.

The offer was accepted on the property a few short days after listing and sold in multiple offers for $232,000 with the seller contributing $5,500 toward buyer's closing costs. With only a short 19 days on the market the property was sold and closed. The current average market time for St. Louis Park is 31 days and the average St. Louis Park median list price is $232,740.

Heidi Herda of Keller Williams Classic Realty had this to say about these first-time home buyer's, "What an awesome opportunity to help these first-time home buyer's into their first home. Seeing the smiles on their faces reinforces that I'm in the right business. To be a part of something so grand in ones life is really amazing! I couldn't be happier for them."

The number of active listings in St. Louis Park (55426) dropped by 5% from the previous month. The median number of days active properties have been listed is 31.This is significantly shorter than the national average.

The number of sales in June dropped by 72.5% from the previous month. This could be attributed to a decline in inventory for the St. Louis Park area, and also a typical decline in sales around the 4th of July Holiday. The current St. Louis Park market remains a seller's market. The demand in housing is not meeting supply. Currently, St. Louis Park has 101 active properties and only 5.9% would be considered distressed. A distressed property would be either in short sale status, foreclosure/bank owned. This is a relatively low number for distressed properties than we have seen in the last several years.

The percent of unoccupied properties is very low in St. Louis Park (55426) . It is -9.1% below the national average. The percent of rental properties in St. Louis Park (55426) is 14.91% above the national average which is typical for urban areas.

Median household income in 55426 is $63,072 with 469 households earning between $35,000 to $40,000 annually. The largest income bracket for St. Louis Park is between $25,000 to $50,000 which makes up almost 2,600 households.

For the zip 55426, 31.32% of the people have completed a bachelors degree as their highest education level. 16.28% have earned a Gratuades Degree and 8.41% have earned an Associates Degree.

The median age of residents in St. Louis Park is 38, with 35% of residents being married. Current statistics suggest St. Louis Park has roughly 11,899 households, of those households 2,815 of them have children.

The selling agent, Heidi Herda has been practicing Real Estate in the Twin Cities area for almost 9 years. She generally focuses on the North Metro and her office is located at Keller Williams Classic Realty.

Contact:

Heidi Herda

Keller Williams Classic Realty

612.807.4858

http://minnesotalivingtv.com/heidiherda/