Pace of Twin Cities home sales is speeding up

The summer selling season is getting into full swing and some houses are going fast.  A typical Twin Cities home is now being sold in 80 days compared to the average of 160 days, just three years ago.  Activity is increasing despite concerns about the pace of the real estate market recovery.  Sales of homes are still down from last year, as supply is still limited.  New homes are reaching the market with the number of homes for sale increasing in each of the last two months, but not keeping up with demand in some areas.  Move-in ready homes are in especially high demand.  If you are thinking of selling, now is the time.  Sellers make sure to take the time to get your home “ready to sell” and get good advice on pricing your home in this faster moving marketplace!

 

Full Article-Buchta, J. (2014, June 15). Pace of Twin Cities home sales is speeding up. Minneapolis Star Tribune.

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