MN REALTORS® Assn - Housing Report

Dated: June 2 2022

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The MN Association of Realtors recently sent out their report for April 2022. With closed sales down by almost 11% over last April, the sales season was off to a comparatively slower start. Following are the key numbers from their report:

 

  • Statewide, there were 8,567 homes for sale, down 9.6% from April 2021 - a one month supply which has been the trend since December 2020

    • Median home sales price in Minnesota up 11.5% to $340,000

    • Days on the market decreased 16.7% to 30 days

If you want to read more, here it the link to the full report:

https://www.mnrealtor.com/blogs/mnr-news1/2022/05/11/closed-sales-down-in-april-as-home-prices-rise

As always, call me anytime if you want to talk about real estate. 

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Ruth Lecy

With over 35 years of experience in residential real estate I have the expertise you are looking for. My experience spans from land and lot sales and purchase; to first-time buyers; to luxury multi-m....

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