Market Update | St Cloud, MN Edina Homes for Sale StCloudHomeHunter.com
fill
fill
fill
Carrie Hunter
fill
(320) 420-6187
CarrieHunter@
edinarealty.com

Licensed in MN (Agent)
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
Office Home Page
fill
HUD Information
fill
FIND A HOME
fill
Map / Property Search
fill
Sold Properties
fill
Open Houses
fill
Foreclosures & Short Sales
fill
Exceptional Properties
fill
New Construction
fill
Mobile Search
fill
BUYING & SELLING
fill
Buying
fill
Buying Short Sales
fill
Ten Steps To Buying
fill
Rent or Buy
fill
Home Buying Tools
fill
How Much Can I Afford?
fill
Making an Offer
fill
Home Inspection and Insurance
fill
Title Insurance & Closing
fill
Selling
fill
Foreclosures & Short Sales
fill
Work with a Realtor
fill
Market Update
fill
MyEdinaRealty
fill
PRODUCTS & SERVICES
fill
Full Real Estate Services
fill
Title
fill
but_myhomepage_2_login
SIGN UP - Get email alerts
save properties, and MORE


fill
fill
fill

Carrie Hunter, StCloudHomeHunter.com

(320) 420-6187

CarrieHunter@edinarealty.com

  • Facebook
  • LinkedIn
  • My Site
  • YouTube
  • Pinterest
Market Update

Learn what's happening in your market

TWIN CITIES AREA

July 2014

Traditional indicators are on the rise

Traditional real estate (homes that are not foreclosures or short sales) is in the midst of a comeback in the Twin Cities metro. After a brutal winter and spring, traditional pending sales were up 11.8 percent in June over last year, according to new data from the Minneapolis Area Association of REALTORS®.

New traditional listings also rose 19.4 percent over June 2013, and traditional inventory was up 23.7 percent, which is music to the ears of buyers who have been competing over limited inventory for much of the past two years.

Conversely, foreclosures and short sales were down. They made up just 12.6 percent of closed sales in June, which is the lowest figure since September of 2007, and just 9.5 percent of new listings, the lowest since May 2007.

The median sales price continues to rise and was up 4.7 percent over last June to $219,900. Homes are also selling fast at an average of 69 days on market.

There has also been plenty of additional good economic news that contributes to a healthier real estate market in Minnesota:

The Monthly Skinny

"The Monthly Skinny" is provided by the Minneapolis Area Association of Realtors

*Edina Realty Appointment Center statistics.

Based on information from the Minneapolis Area Association of REALTORS®, Inc. Data collected from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC., for properties in the 13-county region exclusively.

The Monthly Skinny

"The Monthly Skinny" is provided by the Minneapolis Area Association of Realtors

Share this page

Sign In

Log into your myEdinaRealty account

Don't have an account?



We value your privacy.

Create a FREE myEdinaRealty account

More control. Complete privacy. An easier way to find a home.


Already have an account? Sign in here.


    •   I want to work this agent
    •  Yes, please send me occasional edinarealty.com updates and promotions.
    • *Required field
    • Create account

      No spam. Complete privacy.