There were 40 completed , or so-called closed, home sales in August in the city, up from 22 or 81.8 percent gain compared with a year ago, according to the latest report from the St. Paul Area Association of Realtors (SPAAR).
Meanwhile, Fridley's median home sales price was $159,850 for the same, a 13.8 percent gain from $140,450 for the same month in 2012, the association reported.
For other Fridley numbers, see the graphic above.
Fridley'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.