Click on "Market Update" to see twin cities area market statistics including average days on market and absorption rate.
"As professionals in the real estate industry will tell you, all markets are not the same. Some pockets of our metro market continue to experience multiple offer situations, while others require multiple price reductions and more time on the market. The market continues to favor the buyer (which means there are more sellers than buyers), and there is good sales activity for listings that are priced below the competing inventory. Move-in condition and aggressive pricing are separating the sold properties from those that are staying on the market longer." -- from EdinaRealty.com
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