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

“The Twin Cities housing market at the beginning of 2010 continues to
look similar to the Twin Cities housing market at the beginning of 2009.
There were 1,848 new listings for the week ending February 6, a 3.8
percent increase from the same week last year. On a similar track,
there were 780 pending sales for the same week, 4.7 percent above
last year.

With supply dropping—now at 5.5 months of availability—it may be that
potential buyers are all too familiar with the inventory they have to
choose from, especially in the lower price ranges where sales have
been through the roof in the last year and inventory has dropped
quickly.”

-© Minneapolis Area Association of REALTORS®, Inc.-

Market Report for the Twin Cities Area

Market Report for Minneapolis

Market Report for St. Paul

Market Report for Roseville

Market Report for Shoreview

Market Report for Vadnais Heights

Market Report for Little Canada

Market Report for White Bear Lake

Market Report for Woodbury

Market Report for Arden Hills

Market Report for Lino Lakes

Market Report for Forest Lake

Market Report for Plymouth

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 200 Twin Cities communities available!

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

“As winter continues its streak of cold and snow, sales activity in the
Twin Cities housing market is moving along at a pace you’d expect for
the season and at about the same pace as a year ago. Pending sales
for the week ending January 30 came in at 650, down very slightly
from the mark of 673 seen during the same week last year. Over the
last three months, there have been 7,038 signed purchase
agreements, up a sliver-sized 0.7 percent from a year ago.

Despite the tax credit being made available to current homeowners,
new listing activity has yet to show any noticeable jump. The 1,584
new listings for the most recent reporting week represent a dip of 3.1
percent from a year ago. Total inventory of available homes is still
down from last year by 16.5 percent.

In related news, Days on Market Until Sale is still dropping while the
Percent of Original List Price Received at Sale is still growing. While
that’s good news on both fronts for home sellers in general, different
price points and neighborhoods are experiencing dramatically different
market conditions.”

-© Minneapolis Area Association of REALTORS®, Inc.-

Market Report for the Twin Cities Area

Market Report for Minneapolis

Market Report for St. Paul

Market Report for Roseville

Market Report for Shoreview

Market Report for Vadnais Heights

Market Report for Little Canada

Market Report for White Bear Lake

Market Report for Woodbury

Market Report for Arden Hills

Market Report for Lino Lakes

Market Report for Forest Lake

Market Report for Plymouth

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 200 Twin Cities communities available!