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Subject: Twin Cities Area Market Update
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Get the facts. Be informed. |
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TWIN CITIES AREA
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DEC '10 |
DEC '09 |
Percent Change
(compared to one year prior) |
| New listings |
4,039 |
3,919 |
+ 3% |
| Active listings |
21,161 |
19,179 |
+ 10% |
| Months supply |
7.80 |
5.00 |
+ 56% |
| Pending sales |
2,640 |
2,693 |
- 2% |
| Median sales price |
$159,500 |
$162,000 |
- 2% |
| Cumulative days on the market |
139 |
132 |
+ 5% |
| Average showings* |
14 |
16 |
- 13% |
| In the last 30 days |
54% |
of properties have had a price adjustment. |
| For every sale, there are |
8 |
properties that remain on the market. |
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| *Edina Realty Appointment Center statistics |
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