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
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
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
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
The median sales price increased 2.4% to $365,000 Signed purchase agreements fell 4.9%; new listings down 1.1% Sellers still getting solid offers at 98.4% of list price in an average of 37 days (Nov. 15, 2023) – According to new … Continue reading