The real estate market in the Minneapolis/Saint Paul Metro area is continuing to make positive strides for buyers, as rates remain low, and inventory although less than some major markets remains healthy as well. This according to the Minneapolis Area Association of Realtors. A sign of that health is pending sales in August were up over 12% year to year from 2014, which indicates a strong late summer market. Median sales prices is $224,900 as of August, which is up 2.7% over August 2014, additionally sellers are receiving an average of 97.1% of their asking price, which is the highest in several years as well.
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