Minneapolis Condo Report For August 2009

Here is the Minneapolis Condo Report for July 2009.

The Minneapolis condo market report consists of data coming from the Regional Multiple Listing Service.

Condos for Sale in Minneapolis

  • Active Listings: 834 condos
  • New Listings: 140 condos
  • Sold Listings: 100 sales
  • Average Sale Price: $198,203
  • Highest and Lowest Condo Sold

  • The highest condo sold was a shell unit that sold at $1,050,000 and didn’t include any finishes in Phoenix on the River
  • The lowest condo sold for $15,750
  • Days on the market for Minneapolis Condos

  • Average Days on Market: 75 days (for condos that sold in August)
  • Since this is the first month I am really starting to track numbers, they may not be a true picture of the current market… but pretty close ;-)

    Maybe, just maybe once this get’s going I just might throw in some graphs.

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