Market Update SEP 2012
Twin Cities Area

AUG 12
AUG 11
Percent Change
(compared to one year prior)
New listings
5,972
6,083
– 2%
Active listings
16,348
23,520
– 30%
Months supply
4.10
7.10
– 42%
Pending Sales
4,877
4,081
+ 20%
Median sales price
$179,000
$155,000
+ 15%
Cumulative days on
the market
107
141
– 24%
Average showings*
21
21
No Change
In the last 30 days
37%
of properties have had a price adjustment.
For every sale, there are
3
properties that remain on the market.

*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.
Brandon Doyle
REALTOR®
Mobile: 612-702-7687
Email: Brandon@DoyleRealEstateTeam.com
Web Site: www.DoyleRealEstateTeam.com