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Results For Tag: sold

Market Statistics

November 8, 2012 |  Article By :   | 

Residential vacancy rates are low.  According to Reuters, US residential vacancies were at 1.9% in the third quarter this year which is that lowest level in the last 7 years.  Most real estate advocates see this as positive news for the housing market.

In the Twin Cities region, for the week ending October 27:

• New Listings decreased 3.0% to 1,037
• Pending Sales increased 11.1% to 914
• Inventory decreased 28.8% to 15,700

Market Statistics

November 1, 2012 |  Article By :   | 

The Minneapolis Area Association of Realtors latest market statistics for the Twin Cities for the week ending October 20 are out.

In the Twin Cities region, for the week ending October 20:

• New Listings increased 0.6% to 1,110
• Pending Sales increased 33.3% to 1,012
• Inventory decreased 28.5% to 15,903

Market Statistics

October 18, 2012 |  Article By :   | 

In between days. The spring and summer selling seasons are well behind us, and the holiday slowdown is well ahead of us (except in some department stores). As the days grow shorter, housing numbers may not be as thrilling as they were in recent months, but the trends remain the same. Compared to last year, sales are regularly up and inventory figures are down, including months of supply. Sales and prices will surely drop, but there is reason for optimism through the end of the year, providing a cure to several years of little to hold on to.

In the Twin Cities region, for the week ending October 6:

• New Listings increased 2.8% to 1,301
• Pending Sales increased 33.5% to 1,049
• Inventory decreased 28.6% to 16,113

*From the Minneapolis Area Association of Realtors

Market Statistics

October 10, 2012 |  Article By :   | 

The Minneapolis Area Association of Realtors latest market statistics for the Twin Cities for the week ending September 29 are out.

In the Twin Cities region, for the week ending September 29:

• New Listings increased 6.2% to 1,314
• Pending Sales increased 15.5% to 1,000
• Inventory decreased 29.6% to 16,261

For the month of September:

• Median Sales Price increased 12.3% to $174,000
• Days on Market decreased 28.7% to 101
• Percent of Original List Price Received increased 4.1% to 94.8%
• Months Supply of Inventory decreased 40.9% to 4.0