Thursday, April 18th, 2024

Spring market continues budding; buyers seeing more options Signed purchase agreements rose 7.8%; new listings up 4.0% The median sales price increased 2.8% to $366,000 Market times fell 6.9% to 54 days; inventory up 8.4% to 6,879 (Apr. 15, 2024) … Continue reading

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Monday, March 18th, 2024

Spring market blossoming early amid signs of turnaround The median sales price increased 4.5% to $357,700 Signed purchase agreements rose 13.1%; new listings up 34.5% Market times fell 3.3% to 59 days; inventory up 13.3% to 6,665 (Mar. 18, 2024) … Continue reading

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Tuesday, February 20th, 2024

Year off to promising start with gains in listings and sales The median sales price increased 2.3% to $350,000 Signed purchase agreements rose 8.0%; new listings up 18.0% Market times fell 8.2% to 56 days; inventory up 1.7% to 6,288 … Continue reading

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Thursday, February 1st, 2024

In 2023, higher interest rates continued to weigh on market activity, yet prices are still up 23-year high mortgage rates and rising prices increased monthly housing costs and slowed buyer activity Minneapolis–Saint Paul, Minnesota (January 29, 2024) – After sales … Continue reading

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Tuesday, December 19th, 2023

The median sales price increased 2.0% to $362,000 Signed purchase agreements fell 1.5%; new listings up 5.3% Market times flat at 40 days; months’ supply up 10.5% to 2.1 months (Dec. 15, 2023) – According to new data from Minneapolis … Continue reading

Posted in The Skinny |