Homeownership is a positive prospect in the face of rising rents in even the most affordable rental
markets. New home sales continue to bloom!
In the Twin Cities region, for the week ending March 28:
• New Listings increased 10.4% to 1,767
• Pending Sales increased 27.6% to 1,360
• Inventory increased 2.4% to 14,190
For the month of February:
• Median Sales Price increased 9.3% to $200,000
• Days on Market increased 7.1% to 106
• Percent of Original List Price Received increased 0.7% to 94.2%
• Months Supply of Inventory increased 3.3% to 3.1
