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Twin Cities Housing Market

The statistics for the Twin Cities Housing Market for the week ending April 21 are out.  According to the Minneapolis Area Association of Realtors:

In the Twin Cities region, for the week ending April 21:

• New Listings increased 13.9% to 1,677
• Pending Sales increased 41.2% to 1,281
• Inventory decreased 28.4% to 17,447

For the month of March:

• Median Sales Price increased 7.1% to $149,900
• Days on Market decreased 9.7% to 144
• Percent of Original List Price Received increased 3.8% to 92.1%
• Months Supply of Inventory decreased 37.6% to 4.7

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