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Market Statistics

February 14, 2013 |  Article By :   | 

The Minneapolis Area Association of Realtors has released the latest market statistics for the Twin Cities.

In the Twin Cities region, for the week ending February 2:
• New Listings decreased 9.6% to 1,120
• Pending Sales increased 1.8% to 872
• Inventory decreased 31.4% to 12,213

For the month of January:
• Median Sales Price increased 14.3% to $160,000
• Days on Market decreased 24.1% to 107
• Percent of Original List Price Received increased 2.5% to 93.5%
• Months Supply of Inventory decreased 42.0% to 2.9

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