Charts of the day. Twin Cities Historical MLS data from Minneapolis Area Association of Realtors.
Average Sales Prices and Total Sale Volume. The real estate bubble becomes quite obvious when you look at the “bubble” on the graph. Given the recent inventory reports and pending sales, those suggests that we have hit bottom. Do you think these indicate the same thing?
- 2011 Annual Real Estate Report, part 1 (craigkamman.com)
- Twin Cities Weekly Real Estate Market Update for week ending Jan 7, 2012 (craigkamman.com)
- Has the market hit bottom? (startribune.com)