This just in from Minnesota Realtors which is the state association of Realtors.
September 2023 Year-Over-Year Summary of Key Market Indicators:
- Closed sales: 6,383 (down 16.7%)
- Median sales price: $334,900 (up 3.0%)
- Average sales price: $389,658 (up 2.8%)
- New listings: 7,987 (down 5.5%)
- Pending sales: 5,535 (down 7.6%)
- Days on the market: 32 (down 3.0%)
- Homes for sale: 14,185 (down 2.9%)
Those prices keep rising due to a low supply and a high demand. Prices are not going up much but they are rising.
