Market Insights

Kim Melin    September 27, 2018    No Comments on Market Insights
Edina Realty market insights
TWIN CITIES AREA

New Listings

7,814 Aug. ’18

7,263 – Aug. ’17
+8% change

Active Listings

12,243 Aug. ’18

13,282 – Aug. ’17
-8% change

Months’ Supply

2.50 Aug. ’18

2.60 – Aug. ’17
-4% change

Pending Sales

6,629 Aug. ’18

6,617 – Aug. ’17
No change

Median Sale Price

$268k Aug. ’18

$252,000 – Aug. ’17
+6% change

Days on Market

40 Aug. ’18

48 – Aug. ’17
-17% change

In the last 30 days 23% of properties have had a price adjustment.

For every sale, there are 2 properties that remain on the market.

Based on information from the Minneapolis Area Association of REALTORS.

Questions?

Please feel free to contact me with your real estate needs.

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Kim Melin
952-201-4758