2012 was a turnaround year for the Twin Cities housing market, with 48, 641 sales - a 16.9 percent and the most since 2006. The median sale price of those deals was up, too, rising 11.9 percent to $167,900.
That's according to new year-end data released at a press conference Friday afternoon by the Minneapolis Area Association of Realtors and the St. Paul Area Association of Realtors.
While sales and prices are still well below peak (that happened in 2004), the industry is celebrating the report as clear evidence that the housing market has hit bottom and well on its way to recovery.
We'll have a complete story in the Saturday paper, and you see the stats yourself by clicking here.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Star Tribune
Election
In heated western Minn. GOP congressional primary, outsiders challenging incumbent
U.S. Rep. Michelle Fischbach has a solidly conservative voting record. But Steve Boyd, a Christian conservative who has never held public office, is gaining traction as an outsider.
Sports
Minnesota Sports Hall of Fame: A class-by-class list of all members
Who's in the Star Tribune Minnesota Sports Hall of Fame? From Bernie Bierman to the latest class, here's the list:
Sports
This retired journalist changed professional wrestling from Mankato
Norm Kietzer was a pioneer in professional wrestling journalism for 40 years.
High Schools
All-Metro Sports Awards: Here are the 2023 winners
The Star Tribune recognized the best of metro area high school athletes with its sixth annual All-Metro Sports Awards. Here are the 2023 winners, who were honored Wednesday night at Target Center.