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

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

  

The common theme being spoken in Real Estate right now is LACK of HOMES for SALE!!! The statistics for March have been gathered and should not be a surprise to those that have been following the Real Estate Trends in the Twin Cities!

From March 2015 to March 2016...

The # of homes for sale is down 20.6%!!!

The month supply of homes for sale is 2.5

The prices are UP 5.7% with a median sales price of $222,000

Mortgage Rates are still low as well. 

What does all of this mean??? There has never been a better time to sell your house! Now is the time to move up to a bigger house or down size to a smaller one! Whichever is right for you... NOW is the time! I would love to help you through this process! Reach out now and we will get something on the calendar! 612-991-9919 :)

 

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Rachel Fredrickson
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