What’s The Thing?

Only the coolest tool to hit the Minneapolis/St Paul housing market since open houses! It’s a tool created by the Minneapolis Area Association of REALTORS. It’s a very graphical depiction of the Twin Cities Housing Market.

On “The Thing” you can track, median sales price, percentage of original price, days on market, months supply, homes for sale, new listings, pending sales and closed sales. Not only do you get the numbers, you get graphs to help you immediate recognize trends. Figuring out the trends will give home buyer an idea of when they should pounce on their dream house, when they can think about things, when they should ask the full asking price and when they can negotiate.

Submitted by exclusive Minnesota home buyer agent, Mary Rugani

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