Metro: 10,630 New Condo Units On Market And 11,000 More Proposed

The numbers come from a quick third-quarter overview of the market from the Plymouth office of MetroStudy. Not surprisingly, just under half of the actively selling new condos (4,647) are in Minneapolis and only about 14 percent (1,441), are in St. Paul. The study does not include nearly the nearly 11,000 proposed condo units such as Bridges of St. Paul development. As of the third Quarter, about 75 percent of the 10,630 units were under construction and slightly more than half were reported as presold but not closed