Keller Williams Classic Realty - Brian Johnson

The Brian Johnson Team Market Update

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APRIL 2024
March 2024
 
     U.S. existing-home sales grew 3.1% month-over-month to a seasonally adjusted annual rate of 4.00 million, exceeding economists’ expectations and marking the strongest sales pace since August 2023, according to the National Association of REALTORS® (NAR). Falling interest rates late last year, coupled with a recent uptick in inventory, helped existing home sales to climb following last month’s decline, with monthly gains reported in the Midwest, South, and West regions
New Listings in the Twin Cities region increased 34.5 percent to 4,667. Pending Sales were up 13.1 percent to 3,308. Inventory levels rose 13.3 percent to 6,665 units.

Prices continued to gain traction. The Median Sales Price increased 4.5 percent to $357,700. Days on the Market was down 3.3 percent to 59 days. Buyers felt empowered as the supply of Homes for Sale was up 28.6 percent to 1.8 months.
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    72Sold is America's Leading home selling program. I am ecstatic to bring it and represent it for the Minnesota region. It nets sellers a higher profit on the sale of their home by 8.4 - 12%. 72Sold has been featured on Forbes, Google, ABC, NBC, and CBS. It's everywhere and you cannot miss this!
16099 Empress Avenue N, Hugo, MN 55038
4 Bedrooms
3 Bathrooms
3 Car Garage
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