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Market Statistics

May 16, 2013 |  Article By :   | 

The numbers are out from the Minneapolis Association Area Association of Realtors for the week ending May 4, 2013.

In the Twin Cities region, for the week ending May 4:

• New Listings increased 10.7% to 1,825
• Pending Sales increased 17.2% to 1,404
• Inventory decreased 28.0% to 13,361

For the month of April:

• Median Sales Price increased 12.0% to $182,000
• Days on Market decreased 28.1% to 97
• Percent of Original List Price Received increased 2.7% to 95.9%
• Months Supply of Inventory decreased 38.0% to 3.1

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