Let’s Explore Your Selling Options. We will help you sell your home at the price and terms you want. Free Selling Strategy Call
We’re here today to give you a quick real estate market update as we head into spring. Our massive weekly snowstorms and polar vortexes have slowed the start to the typically hot spring market. New listings for the week of Feb 23 were down 25%, while pending sales were down 12%.
The great thing is that as we approach the spring market in earnest, the rolling average median sale price has risen by 7.3%, the average list price received is at 98.9%, and we’re just over a two-month supply of inventory. If you’re a buyer, you want to enter this market pre-approved and working with a networked agent. If you’re thinking of selling, this might be a great opportunity for you to take advantage of the spring market while it’s still a seller’s market.
If you have any questions for me about the real estate market or real estate in general, don’t hesitate to reach out and give us a call or send us an email. We look forward to hearing from you soon.
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Let’s Explore Your Selling Options. We will help you sell your home at the price and terms you want. Free Selling Strategy Call
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What’s Your Twin Cities Home Worth?. Are you thinking of selling your home or interested in learning about home prices in your neighborhood? We can help you. Free Twin Cities Home Value Report
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Looking for a Twin Cities Home?. Search the entire MLS for your Twin Cities home. Search the MLS
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