There were 6,766 homes on the market at the end of May, 5.3 percent more than May 2021 Median Sales Price reached a record $375,000, up 9.0 percent from last May Pending Sales were down 11.8 percent from last year’s … Continue reading →

Both pending and closed home sales were down about 9.0 percent from last April Inventory was down 9.2 percent to 5,758 units, the twenty-fifth consecutive month of declines Median Sales Price reached a record $370,000, up 10.0 percent from last … Continue reading →

Supply is down during the worst inventory shortage in decades Median Sales Price reaches a record $353,000 Median days on market is up marginally compared to the frenzy of 2021 (April 15, 2022) – According to new data from Minneapolis … Continue reading →

Twin Cities saw 3,809 signed purchase agreements, down 10.5 percent from February 2021 but above 2019 levels The number of homes for sale at month-end fell 19.0 percent from last year Median Sales Price rose 8.3 percent to $340,000 (March … Continue reading →

Metro-wide Inventory is down 24.2 percent since the start of 2021 Month’s Supply of Inventory (absorption rate) is at a record low, ~ 3 weeks of supply Median Sales Price rose 10.4 percent to $332,250 (February 15, 2022) – According … Continue reading →