Infographic courtesy of NAR: ​Existing-Home Sales Slip 0.7 Percent in July.

“It’s not surprising to see a small decrease in sales, since available inventory also decreased from June,” says Brady Kroll of Edina Realty.
 “It does seem like some of the franticness has worn off a bit.  Although the market remains competitive, buyers are at least able to come up for air in most price ranges.”

 

Interested in a more focused update on real estate in the Twin Cities area?

Click here to check out the August update.

Want some further insight into the market in your area, or perhaps in the areas where you’re looking to buy?

Get in touch with Brady Kroll.

 

 

About the author

Brady Kroll

Realtor

A Minnesota native with 13+ years of real estate experience, specializing in Minneapolis and near suburbs. I am a member of the Chairman’s Circle, Edina Realty’s highest award for sales volume. I have been a Downtown Minneapolis resident since 2004 where I live with my wife and 2 children.

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