February 2022 Market Insights – Minnesota Real Estate
February 2022 Market Insights Individual circumstances are more important than current mortgage rates Key insights from January 2022 (compared to January 2021)* New listings: 3,605 | -11.5% Median sales price: $332,500 | +10.4% Closed sales: 3,020 | -10.4% Pending sales: 3,170 | -11.7% Days on market: 41 | -2.4% Inventory: 4,221 | -24.2% Months’ supply: 0.8 | -20.0% Pricing, pace of sales … Read more
