TWIN CITIES OVERALL MARKET STATISTICS:
· The Average sales price of a twin cities home is at $303,269 which is up 8.5% over last year
· The number of closed sales in April was 4,635; which is down for the month by 5%, and down for the year by 5.7%
· Avg % of List Price received is 98.7%; which is up 1.0%
· Average days on the market is 60, decrease over last year down 15.5%
· The Twin Cities have seen a decrease of 10% in new listings over last year with 23,191 new listings so far this year
· Current active inventory, compared to last year is down by 25%
· Months supply is at 1.8 months of inventory which is down 25%
 
MPLS OVERALL MARKET STATISTICS:
· The average sales price in Minneapolis is $317,817 which is up 6.3% compared to last year 
· The number of closed sales in April was 430 which is down 7.3% to last year
· There were 659 new listings in April, which is down over 10% to last year
· Avg % of List Price received is 99.2%; which is an increase of 0.9%
· Days on Market is down 4.5%, now averaging 42 days
· Current active inventory, year over year, is down over 24%
· Months supply is down 23% with 1.3 months of supply currently on the market
 
DOWNTOWN MARKET STATISTICS:
· The average sales price is $423,078 which is an increase of 0.7% over last year
· The downtown market is down in total closed sales by 10% with only 153 properties closed year to date
· Avg % of List Price received is 97.3%; which is a slight decrease to last year
· Avg days on the market is 55 days YTD
· New listings were down in April with 104 new listings for the month, still down for the year by nearly 10% for the year
· Current active inventory includes 153 listings, which is up nearly 17%
· Current months supply of inventory is at 2.5 months which is up 13% to last year
 
NORTH LOOP OVERALL MARKET STATISTICS:
· Average sales price in the North Loop year to date is at $410,423 which is down 9% over last year
· The number of closed sales so far this year is at 39; which is down over 15% to last year
· Avg % of List Price received for the year averaged at 98% which is flat compared to last year
· Average days on the market is at 36 days YTD
· The North Loop has seen 67 new listings this year which is down 14% to last year
· Active inventory as of April included 21 properties for all of North Loop
· Months supply of Inventory is currently at 1.7 months supply
 
NORTHEAST MARKET STATISTICS:
· The average sales price in NE is $253,114 which is up 11% to last year
· The number of closed sales is down 11% over last year with 113 properties closed YTD
· Home sales received 99.5% of the list price which is down 0.5% over last year
· Days on the market has increased to 42 days
· New listings were up in April, with 60 listed during the month
· Inventory of homes for sale is down 17% year over year with 33 homes on the market in April.
· Months supply of inventory is down to 0.7 which is a decrease of 22%
 
UPTOWN MARKET STATISTICS:
· The average sales price is $453,368 which is down 8% to last year
· Closed sales are down nearly 3% with 110 closed this year
· The average sale is closing at 96.8% of the original list price which up 0.4% to last year
· Average listing is on the market for 90 days which is flat to last year
· There were 77 new listings in April which is up 8.5%
· In April there were 92 homes for sale, which is 2.9 months supply, down 21% over last year

SOUTHWEST MARKET STATISTICS:
· The average sales price is $471,663 which is up 1% over last year
· There have been 254 closed sales this year, up 8.5%
· The average sales price achieving is 98.1% of the original list price which is down 0.4%
· Average listing is on the market for 56 days which is an decrease of 3.4% over last year
· There were 115 new listings in April, which is decrease of 2.8% over last year
· Current inventory is down 20% compared to the previous year, with 110 homes on the market
· The months supply of inventory in April is down 16% to last year with 1.5 months supply