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Real Estate Radio Hour Market Update

Real Estate Radio Hour Update

As real estate professionals, we strive to keep in touch with our listeners and provide them with information that we hope they will find useful. This newsletter is an opportunity to let you know about the state of the market and current trends. It may even touch on ways that you could enhance your home’s value. I hope the market data and articles will help you with understanding real estate today and help you with your real estate decisions. If you have any questions, please do not hesitate to contact us.

Andy Prasky/ Chris Rooney

Twin Cities Real Estate Sales Data

Average Listing Price (last 12 months)

AVERAGE LIST PRICE IN NOVEMBER

Single Family Homes $435,531 Condos/Townhomes $218,228 Multi-family Homes $274,824

Twin Cities Real Estate Sales Data

Days on Market (last 12 months)

CURRENT AVERAGE DAYS ON MARKET IN NOVEMBER

Single Family Homes 475 Condos/Townhomes 471 Multi-family Homes 505

Twin Cities Real Estate Sales Data

Price Reduction (last 12 months)

RECENT PRICE REDUCTIONS IN NOVEMBER

Single Family Homes 3.9% Condos/Townhomes 3.9% Multi-family Homes 0.0%