3418 44th Avenue South
Minneapolis, MN 55406
Charming Five Bedroom Three Bath Minneapolis Home. Hardwood floors, kitchen window, natural woodwork throughout. Fenced in back yard, deck, oversized two car garage.
OPEN HOUSE THIS SUNDAY 4/25/2010 12-2
# posted by
Tara O'Brien @ 12:23 PM
Welcome to Woodbridge...
A distinctive residential cooperative for adults that are 55+.
This two bedroom two bath condo is newly built in 2005 and has 1,163 sq. ft.. Open floor plan, in unit laundry and balcony. Features plenty of wonderful amenities, exercise room, library, game room, computer room, car wash, heated parking and more.
5650 Boone Aveune N. #216
www.TaraOBrien.com
# posted by
Tara O'Brien @ 12:50 PM
The usually sproingy spring market is slowly slipping back into place after a few years of squish. Pending sales continue to outpace weekly year-over-year figures. The 1,122 purchase agreements signed during the week ending April 3 were 11.8 percent above last year
Active listings have slowly risen all year and now have surpassed where the market stood at this point last year by half a percentage point.
Two other new values to take a look at this week:
Days on Market Until Sale has dropped to its lowest point in years. It now takes an average of 130 days to get a house sold in the Twin Cities.
Percentage of Original List Price Received at Sale is moving in the opposite direction, rising 2.7 percent over last year. This should motivate sellers as we warm through spring and summer.
From the Minneapolis Association of Realtors
Labels: market update, minneapolis market, minnesota real estate
# posted by
Tara O'Brien @ 11:17 PM
The Twin Cities housing market continues its spring dance as the 2010 weekly numbers outpace the equivalent weeks of 2009. New listings for the week ending March 27 were at 2,240—29.4 percent higher than during the same week last year.
Pending sales are up 13.8 percent over last year, and we once again broke the magical "1,000 margin" with 1,049 purchase agreements.
A stat to start watching closely is the ever-shrinking Supply-Demand Ratio. The ratio is squatting at 4.39 homes per buyer. That's a lot less inventory than we've seen in recent years, indicating that buyers need to move quickly to get the home they want, especially in the lower price ranges where homes are selling the quickest.
# posted by
Tara O'Brien @ 8:57 AM