Get the Skinny on Real Estate Trends in Your Area! March 2017

Get the Skinny on Real Estate Trends

in Your Area!

March 2017

Monthly Skinny

Seller's are Jumping for Joy!!! Buyers are pulling up their sleeves and fighting for the houses they want! 

February numbers have been tallied!

*Pending Sales rose slightly by .5% from 2016

*Closed Sales decreased slightly by .7% from 2016

*The number of homes for sale DROPPED significantly by 25.3% from 2016

*This left the month supply of homes at 1.8 months~ 

*Prices increased 7.6% with the median sales price as $223,000

*Sellers netted 96.5% of their asking price. 

 

Again, this is a GREAT time to sell!!! Let's figure out how much your house is worth and where you want to go next. Call/Text/Email me and we can schedule a time to meet.

 

For the full Minneapolis Association of Realtor Video click below~

 

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Rachel Fredrickson
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