September 2006 Market Statistics for Minneapolis/St. Paul
SEPTEMBER 2006 CURRENT RMLS STATISTICS MARKET UPDATE
80 Average days on market
43% More listing on the market than 1 year ago totaling 60663.
41% Of the inventory that has sold in last 30 days has had a price adjustment
5.3 Months Absorption Rate=the time it would take for all the listings to sell if no more homes were put on the market
8 For every sale that takes place, there are 6 more homes that haven’t sold
18 Showings for every home that sells (From Edina Realty appt center statistics)
Posted by Aaron Dickinson - Edina Realty on 09-08-2006 at 09:09 am
Posted in General, Info for Buyers, Info for Sellers
Minneapolis/St. Paul Housing Affordability Up 4.5%-Minneapolis/St. Paul Housing Affordability Hits Highest Level Since July 2005-August Market Statistics-October Minneapolis/St. Paul Market Statistics Update-
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