Mpls Area Association of Realtors Latest

Here's the latest from Minneapolis Area Association of Realtors. Inventory is still low.  If you 're thinking of selling, let me know.    Holiday decorations have debuted in department stores across the nation (really?), and their mere presence just might affect housing activity for those prone to a good winter hunker. Comparisons to year-ago levels will show improvement and recovery, even as general activity will likely slow through the rest of 2013. With rates seemingly in a continuous go-low zone, the thrifty buyer and willing seller will still meet for transactional tea.    In the Twin Cities region, for the week ending October 26: • New Listings increased 16.4% to 1,209 • Pending Sales increased 10.4% to 974 • Inventory decreased 3.1% to 16,211 For the month of September: • Median Sales Price increased 11.7% to $195,000 • Days on Market decreased 29.7% to 71 • % of Original List Price Received increased 1.7% to 96.4% • Months Supply of Inventory decreased 14.0% to 3.7