“Here is this week’s Skinny on the Twin Cities real estate market from the Minneapolis Area Association of Realtors;

“The number of homes for sale in the Twin Cities metro area continues
to decline relative to a year ago. As of Monday morning this week,
there were 26,674 homes for sale in the region, down 20.9 percent
from a year ago. In other words, we’ve lost 1 in 5 homes in our
inventory in the last year.

Sales are a different story. For the week ending June 20, there were
1,156 signed purchase agreements, up 32.1 percent from the same
week in 2008. That’s the 12th week of the last 13 to feature a yearover-
year increase in sales activity exceeding 20 percent.

We must bear in mind, however, that sales are only up in certain
categories and price ranges. Year to date, traditional home sales
(excluding foreclosures and short sales) are still down 17.8 percent
from last year. New construction sales are down 21.7 percent from last
year. And sales of homes priced above $350,000 are down 26.8
percent from a year ago. The lion’s share of market activity is taking
place in the lower price ranges this year.”

Market Report for the Twin Cities Area

Market Report for Minneapolis

Market Report for St. Paul

Market Report for Forest Lake

Market Report for White Bear Lake

Market Report for Woodbury

Market Report for Arden Hills

Market Report for Lino Lakes

Would you like a real estate Market Report for your area? Just let me know, I will gladly forward you a Market Report for your community. Over 125 Twin Cities communities available!

I’ll be hosting an open house this Sunday and you’re invited!

Sunday, June 28th from 1:00pm until 3:00pm

7067 Lydia Lane
Woodbury, MN 55125
- Click here for more information -

I’d love to have you stop by
or pass the information along.

Thanks - Gregg

“Here is this week’s Skinny on the Twin Cities real estate market from the Minneapolis Area Association of Realtors;

“As we near the halfway mark of 2009, the Twin Cities housing market
continues to show a pattern of robust home sales and declining new
listing activity. Setting aside fluctuations over the Memorial Day
holiday, long-term market improvement can be seen when comparing
2009 to 2008.

There were 1,210 pending sales for the week ending June 13—a
strong 33.8 percent increase from last year. There were 1,970 new
homes added to the market during the same week, a decrease of 2.6
percent from the same week in 2008. That 2.6 percent decline in new
listings is a much smaller drop than we have seen in recent months
when there were typically year-over-year drops of 10 percent or
stronger.”

Market Report for the Twin Cities Area

Market Report for Minneapolis

Market Report for St. Paul

Market Report for Forest Lake

Market Report for White Bear Lake

Market Report for Woodbury

Market Report for Arden Hills

Market Report for Lino Lakes

Would you like a real estate Market Report for your area? Just let me know, I will gladly forward you a Market Report for your community. Over 125 Twin Cities communities available!

I’ll be hosting an open house this Saturday and you’re invited!

Saturday, June 20th from 1:00pm until 3:00pm

7067 Lydia Lane
Woodbury, MN 55125
- Click here for more information -

I’d love to have you stop by
or pass the information along.

Thanks - Gregg