Minnetonka Real Estate - Housing Statistics - December, 2007
January 23rd, 2008 Categories: Minnetonka Real Estate Statistics, Real Estate News, Twin Cities Home Buyers, Twin Cities Real Estate Economy, Twin City Sellers
Here are the latest statistics from the Minneapolis Area Association of Realtors for Minnetonka. The chart explains itself, but in a nutshell, there were 21% more single family homes on the market in December this year than last year.
In December, many homes had their listing expire only to wait until after the holidays. The housing affordability has not been this good since 2004, according to the association. I believe that we’re near the end of the price cuts, too.
Ready, buyers?
