Quick market update

 

Quick market update….
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TWIN CITIES AREA
New Listings

7,679 Apr. ’19

7,345 – Apr. ’18
+5% change

Active Listings

9,667 Apr. ’19

9,785 – Apr. ’18
-1% change

Months’ Supply

2.00 Apr. ’19

2.00 – Apr. ’18
No change

Pending Sales

5,698 Apr. ’19

5,762 – Apr. ’18
-1% change

Median Sale Price

$281k Apr. ’19

$267,000 – Apr. ’18
+5% change

Days on Market

56 Apr. ’19

53 – Apr. ’18
+6% change

In the last 30 days 22% 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.

Kim Melin
952-201-4758
Did you know?

Edina Realty offers convenient and competitively priced mortgage, title, warranty, home insurance and relocation services all under one roof.

Edina Realty Home Services, 6800 France Ave. S, Edina, Minnesota 55435, United States (952) 928-5563

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About Kim Melin

I am a full time real estate professional. The Melin Team strives to achieve no less than a 5 star rating from our clients. Kim Melin, team leader, and Mary Turnbull, Administrative assistant are at your ready! The majority of Melin Team specializes in residential real estate in Edina, and surrounding suburbs. We work individually with our clients to obtain their real estate needs.