A perspective on the Minneapolis/St. Paul housing market
The 3 local REALTOR associations released 2009 housing statistics and I started going through them and my eyes were drawn to the number of closed sales in 2009 - 45,200.
Since most sales have a Buyer’s Agent and a Seller’s Agent, we’re looking at a total of approximately 90,000 trasaction “sides.”
The Twin Cities associations have approximately [...]
(graphic modified from Minneapolis Area Association of REALTORS report)
Using a little cut-and-paste magic, I wanted to take a look at the impact of the housing market’s shift over the last 4 years. Comparing total sales volume (in Dollars) in 2008 vs. 2005 shows that we’re down 40% in the 3 years since the market’s peak. [...]
This blog is written by Aaron Dickinson, a REALTOR with Edina Realty. Views expressed are the views of Aaron Dickinson and not of Edina Realty or any other organizations that Aaron is affiliated with.
Aaron Dickinson
Edina Realty
1-800-941-0959
Licensed in MN
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