The Minneapolis Area Association of Realtors has released the market statistics for the Twin Cities for the week ending April 6th. Sales are still on the increase and inventory continues its downward spiral. Buyers are having trouble finding properties to buy with the lack of inventory.
In the Twin Cities region, for the week ending April 6:
• New Listings increased 22.6% to 1,731
• Pending Sales increased 17.1% to 1,158
• Inventory decreased 30.1% to 12,821