New Listing YTD: 1486

Homes Sold YTD: 478

Average Sales Price: $379,763

Percentage of List Price: 96.1%

Average Days on Market: 154

Numbers are based on the Minneapolis Association of Realtor October 2007 report..

If your house is on the market, how do you stack up?

In the Uptown-Lakes area there is enough inventory to last for the next year and a half!

And if your trying to sell a condo, you can expect even longer L

So, what does this mean? 

If your house is on the market, are you trying to sell your house yourself or do you have an active agent working for you?  I say active agent, because in this market your agent has to be actively marketing your property and that means taking advantage of today’s technology.  If you're trying to sell your house, good luck, I encourage the do-it-yourself spirit, but be prepared to compete on price and profit.

Bottom line, it’s a cold sellers market in Uptown, buyers are scarce and we are heading into the winter months…whatever your situation, make sure you stay informed and if you ever have any questions please feel free to contact me at hello@tyghre.com.