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Report: Slow Local Real Estate Market Recovery Expected

Updated: 02/12/2014 7:41 PM
Created: 02/12/2014 4:31 PM KSTP.com
By: Heidi Enninga

The recovery of the local real estate market might slow a bit this coming year according to the Minneapolis area Association of Realtors.

The report also recommended consumers watch for increased seller activity, more new construction, and fewer foreclosures.

Listings in January were down 11.5 percent from the same time last year and the median sales price is up 12.4 percent to about $180,000.

   


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