The big story in housing this year has been the lack of homes available for sale and the key numbers show the impact this has had on the supply and demand balance in the Twin Cities housing market.

SPAAR Market Report Dec 30 2017
Association of REALTORS Weekly Market Update Dec 30 2017

If you are wondering whether 2018 will be a good year to sell your house, consider these key numbers.

The inventory of homes for sale (supply) is at historical lows in the Twin Cities.

SPAAR inventory of homes for sale report Dec 30, 2017
Inventory of homes for sale in the Twin Cities report provided by the St. Paul Area Association of REALTORS.

The result of the lack of supply has led to historically low days on market until an offer is received and increased sales prices.

SPAAR days on market report Dec 30, 2017
Days on market until offer in the Twin Cities report provided by the St. Paul Area Association of REALTORS.
SPAAR median sales price report Dec 30, 2017
Median price of homes for sale in the Twin Cities report provided by the St. Paul Area Association of REALTORS.

If you would like to talk about your specific neighborhood market contact us at;
651-300-2306
Homes@ExperienceYourHomeTeam.com

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