Here are some monthly numbers reported by MAAR for December, 2015 in the Minneapolis/St Paul area.
It is typically during the final weeks of a calendar year when residential real estate activity hits its seasonal lows, even when some year-over-year comparisons show progress. Don’t be fooled by this time of year. Buyers and sellers are preparing for promising spring and summer markets. Of late, the spring market tends to get hopping before the -ary months are even complete.
In the Twin Cities region, for the month of December 2015 vs. 2014:
• New Listings increased 1.2% to 2601
• Closed Sales incerased 12.1% to 3907
• Median Sales Price increased 9.9% to $219,900
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