Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Kristen Leigh Painter.

Another stellar month for Twin Cities home sales

Posted by: Jim Buchta under Buying Updated: July 11, 2013 - 11:12 AM

Twin Cities home buyers were out in full force again last month, gobbling up listings and paying top dollar for houses. Here's the latest data, released this morning, by the Minneapolis Area Association of Realtors and the St. Paul Area Association of Realtors.

  • New listings: +20%
  • Median sale price of all closings: $210,000, +17.5%
  • Closings: +5%
  • Pending sales: +14%
  • Average days on the market: 74, -34%
  • Percent of original list price: 97.5% , +2.5%
  • Inventory: -17.2%

 

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