Homes for Sale - Minneapolis/Northwest Suburbs, MN

Market Update 2010



 

MARKET UPDATE - JULY 2010
 

 

Market overview

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121

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Cumulative days on market, down 14% from last year at this time 140 days

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3%

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 More listings on the market than 1 year ago totaling 27,526

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42%

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Of the inventory that has sold in last 30 days has had a price adjustment 

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8

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Months Supply. It would take 8 months to sell all the homes currently for sale. Down 8% from 7.6 months supply last year at this time.

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8

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For every sale that takes place, there are 8 more properties that haven't sold. Last year at this time it was 11 homes still for sale for every 1 sold

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21

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Average showings for every home that sells 

 

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Danika  (Baukol) Mehesan