abc
QUICK LINKS:

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.

   


Minneapolis/St. Paul

Clear
55°
65° | 40°
  • Feels like: 55° F
  • Wind: NW 10mph
  • Humidity: 45%
  • Sun Plenty of sun
    65° | 50°
  • Mon Showers possible in the afternoon
    65° | 45°
  • Tue More clouds than sun
    53° | 36°
  • Wed More sun than clouds
    50° | 35°

Video

KSTP NEWS