Get the Skinny on Real Estate Trends in Your Area! March 2016

Get the Skinny on Real Estate Trends in Your Area! March 2016

The Statistics for February are in... A lack of homes for sale in the Market is the theme... 

The number of homes on the market for sale is down 19.4% from February 2015! 

The month supply of inventory is still low at 2.3 months!

The Median Sales price rose 3.7% from February 2015!

Sellers are netting 95.3% of their list price!

SUPPLY AND DEMAND!!! Lack of choices + Buyers who want a home = Multiple offer situations that drive up the price! 

The market is the best it's been in 10 years to SELL YOUR HOUSE!!! I would love to help you figure out just how much equity you have in your home! Contact me and we can discuss your neighborhood!

To Listen to the full Minneapolis Area Association Video, click below!

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Rachel Fredrickson
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