Infographic courtesy of NAR: ​Existing-Home Sales Increase for the First Time in Six Months

“It was great to see an increase in existing home sales, particularly as we head into a traditionally slower time of year,” says Brady Kroll of Edina Realty.
 “The low absorption rate(months supply of inventory) should bode well for the winter months.  If inventory remains this low, we’ll be in store for a brisk Spring 2019 selling season.”

 

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

Click here to check out the November 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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