Weekly Market Statistics


stats graphThe Minneapolis Area Association of Realtors has released the market statistics for the Twin Cities region, for the week ending March 4, 2017:

·        New Listings decreased 11.9% to 1,727

·        Pending Sales increased .3% to 1,155

·        Inventory decreased 23.4% to 9,042

For the month of February:

·        Median Sales Price increased 7.6% to $223,000

·        Days on Market decreased 14.6% to 82

·        Percent of Original List Price Received increased 1.4% to 96.5%

·        Months Supply of Inventory decreased 28% to 1.8