Minnesota Real Estate Weekly Update

The Minnesota Real Estate Team continued to sees increased buyer and seller activity in 2008. We found out this week we are the #7 ranked RE/MAX team in the United States in 2008!! We take pride in helping buyers and seller here in the Twin Cities marketplace. Call us today at 952-223-1150 for all of your real estate needs.

Tune in weekly to our radio show Saturdays, 3-5 PM, The Minnesota Real Estate Show on 100.3 KTLK, FM.

Do you have an interest in real estate investing? Call today to find out when our next upcoming free seminar will be!

How were the numbers this past week?

2,380 new mls listings came onto the market this past week, a decrease of 16.6% compared to the same time in 2007. Pendings increased from the previous week, coming in at 887. This however is also down 14% compared to 2007. Currently, there are 32,849 active properties for sale here in the Twin Cities. This thankfully is down 1.2% from 2007. The average days on market decreased to 154 days, down from 165 days the previous month.

Check back next week for another minnesota real estate update!