minneapolis real estate market

May Market Update… a tale of UP!!

What stood out as I plugged in the most recent monthly stats was how May numbers jumped up across the board… both over last month and over at least the...
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Home price gains in the Twin Cities surpass much of the nation

Changes in the Twin Cities median sale price continue to swoop upward, as is dramatically illustrated in the chart below showing the change in median sales price from the prior year...
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Number of homes for sale the lowest since 2003 as prices stabilize

With pending sales up 34.2% and new listings up only 1.1%, the number of homes for sale in the 13-county Twin Cities metropolitan area fell to 16,689 units in February…...
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Listings Needed!!!

The number of new listings entering the market last year was the lowest it has been since the turn of the century… down from a peak of 108,033 in 2006...
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March Market Update… pending sales up

March pending sales jumped as it usually does at this time of year. Not as high as the last two years during the tax credit, but a healthy jump nevertheless....
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February Market Update – buyers, your time is now!

Pending sales increased a bit in February compared to January…  …and new listings dropped a bit… resulting in about the same number of homes available for sale. Last year at...
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Twin Cities Market Update – January Stats

January Twin Cities real estate sales were eerily close to 2009…and even to 2008. Hmmm…does that say anything about winter sales being tied to winter snow and cold???  They do...
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How is the market shaping up?

Both buyers and sellers continue to ask how the market is doing. My experience so far this year is that I have been extremely busy working with clients getting ready...
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Sharon and John Hensrud

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The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.