All roads continue to point to normal as fall is upon us. From the mouths of market-analyzing pundits, we are in the midst of one of the best housing markets in the last 15 years.
In the Twin Cities region, for the week ending September 19:
• New Listings decreased 0.4% to 1,613
• Pending Sales increased 18.0% to 1,090
• Inventory decreased 13.8% to 16,606
For the month of August:
• Median Sales Price increased 2.7% to $224,900
• Days on Market decreased 5.9% to 64
• Percent of Original List Price Received increased 0.8% to 97.1%
• Months Supply of Inventory decreased 21.7% to 3.6
