The Regional Multiple Listing Service of the Minneapolis and Saint Paul area of Minnesota has released its sales figures for 2006. The stats show a decline in the number of closings; a slight increase in the median price of closed homes; a small increase in the average price of closed homes; and a decrease in the dollar volume of sales back to levels in 2004. Pretty graphs and the chart for the last 7 years are here. The figures support that the Twin Cities real estate market did not bust, but did indeed slow down this last year. Value continues to appreciate ever so slightly.
The above figures were based on information from the Regional Multiple Listing Service of Minnesota, Inc. for the period January 1, 2000, through December 31, 2006. Information is deemed reliable but not guaranteed.
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