Is now a good time to sell?
Twin Cities Market Stats
- Equity has returned for most homeowners
- *Average sales prices are up close to 6% in 2016
- Interest rates remain historically low
- *Average days on market is down 15% to 64 days in 2016
Many homeowners are experiencing equity in their homes and are taking advantage of great opportunity to sell. Projections show that 2016 will be a healthy year for home sales, home prices, and buyer activity.
*Data received from MPLS Association of Realtors for the month of October 2016 YTD compared to October 2015 YTD.