Twin Cities Real Estate Market Insight

Real estate is local, so it is important to consider the data on both the Macro (the Twin Cities region as a whole), and Micro (city and community) levels. When looking at the data and these charts, we are looking for correlations between the different metric categories: NEW LISTINGS, HOMES FOR SALE, PENDING SALES, CLOSED SALES. Changes in one category can affect the others, and vice-versa. 

For context on the Macro level, it might be helpful to understand the breakdown of sales in our Twin Cities region in any given year.

Price Range Rounded %
Under $250,000 55%
$250,000-$499,000 37%
$500,000-$999,999 7%
$1M - $1,999,999 .75%
$2M Plus <.1%

As an example of correlations on the Macro level (the Twin Cities region as a whole), there has been a drop in the number of New Listings coming to market in the "under $250,000" bracket. Yet there is still strong buyer activity in this range, so there is a corresponding drop in the number of Homes for Sale, and then also a drop in Pending Sales and Closed Sales

These charts update monthly, be sure to revisit the page in the coming months, and years to see what trends you can spot. If you have questions or would like to learn how the market activity is affecting you and your neighborhood, utilize our insight by calling on our team at 612-925-8411.


Twin Cities Closed Home Sales


- This chart is interactive, slide cursor over the graph for detailed information - 

Take a look at the charts below. We reference these regularly to keep the pulse of the market: Homes for SaleNew Listings, and Pending Sales. These charts updated monthly, so revisit the page in the coming months, and years to see what trends you can spot. All charts are interactive, slide cursor over the graph for detailed information.

Please remember that the fundamentals for Real Estate sales and marketing still apply: proper pricing, proper presentation, and excellent representation

If you have questions or would like to learn how the market activity is affecting you and your neighborhood, utilize our insight by calling on our team, 612-925-8411. Let's Talk! 


Twin Cities Homes For Sale


- This chart is interactive, slide cursor over graph for detailed information -


New Twin Cities Listings By Price


- This chart is interactive, slide cursor over graph for detailed information -


Twin Cities Pending Home Sales

- This chart is interactive, slide cursor over graph for detailed information -


If you have questions or would like to learn how the market activity is affecting you and your neighborhood, utilize our insight by calling on our team, 612-925-8411. Let's Talk! 


 

 Select a community below for detailed information on that area:

Minneapolis | Southwest Neighborhoods

Minneapolis | Calhoun-Isles Neighborhoods

Minneapolis | Nokomis Community

Downtown Minneapolis

St. Paul

Eden Prairie

Edina

Lake Minnetonka Area

- Not seeing your neighborhood? Call us and we will make one exclusively for you! -

 

BERGLARSENGROUP
COLDWELL BANKER BURNET

FOLLOW US…WE’RE SOCIAL!


 

Coldwell Banker Burnet | Minneapolis Lakes Office
3033 Excelsior Boulevard, Suite 100 Minneapolis, MN 55416
Office: 612-925-8411 | Fax: 612-924-4308 | GetInfo@BergLarsenGroup.com

 

Contact Us

#BLGTeam   #BLGListing   #BLGSold