Twin Cities Market Snapshot
The order of the day is market balance between buyer and seller interests. While true that there may not be as many homes for sale to choose from and that prices are on the high end for the average first-time home buyer, there are considerations for sellers as well. Such as, more markets are swinging toward the back side of balance with fewer sales leading to some amount of downward price pressure from a beleaguered buyer core that is becoming less willing to overreach. In the Twin Cities region: • New Listings decreased 16.0% to 1,006 • Pending Sales increased 11.5% to 1,187 • Inventory increased to 12,074   -Mpls Area Association of Realtors  

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Coldwell Banker
3033 Excelsior Blvd #100
Minneapolis, MN 55416