The Twin Cities Housing Market is Booming, and it’s Asking for Full Price

February 13, 2016

• Housing

House hunters made 2015 the most robust Twin Cities’ housing market in a decade.

More than 55,000 closings last year bettered 2014’s sales by 12 percent. Properties averaged less than three months on the market, a record low. The area’s median sales price hovered around $220,000, while sellers remained in control, often commanding full price offers or within a few percentage points of the asking price.

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