July Housing Outlook Supply, homes under 120k only a 3.6 months supply, lowest mark since 2005. In short it is now a sellers market in that price range!  In my opinion, in some areas, especially the city anything under 200k is a sellers market.

http://www.mplsrealtor.com/downloads/market/HSO/hso.pdf

This entry was posted on Tuesday, August 4th, 2009 at 3:46 pm and is filed under Twin Cities Housing Statistics, housing outlook supply twin cities, twin cities housing inventory. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.