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Minneapolis Lakes Area Real Estate Market Conditions
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February 10, 2009

The Weiland Group continuously monitors local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Minneapolis Lakes Area real estate statistics for the third week of January 2009:

Number of homes & condos new to the market this week: 23 (up from 12)
Number of homes available for purchase: 278 (up from 121)
Number of homes pending (total under contract): 44 (up from 11)
Number of homes sold (closed this week): 4 (up from 2)
Number of homes expired/cancelled this week: 17 (up from 0)
Average Days on Market (Last 6 months of sold properties): 162 (up from 127)
Average Sale Price in Minneapolis Lakes Area (last six months): $367,242.00

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Attention: Minneapolis Minnesota Lakes Area Homebuyer…

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