Home sales increase in 2004 - 2005-01-11 - The Business Journal (Minneapolis/St. Paul)
A record number of Twin Cities homes were sold in 2004, the four area Realtor associations announced Tuesday.
In 2004, 58,233 homes were sold, a 3 percent increase from 2003, according to a Realtor Association press release. The median home price in 2004 was $215,900, an 8 percent increase from the previous year.
There were 64,325 pending sales in 2004, up 6.4 percent compared to 2003; and there were 97,737 new listings in 2004, a 13 percent increase from the previous year.
The statistics include single-family detached, condiminiums, townhouses and twin homes, based on existing home sales reported by the Regional Multiple Listing Service of Minnesota Inc.
In 2004, 58,233 homes were sold, a 3 percent increase from 2003, according to a Realtor Association press release. The median home price in 2004 was $215,900, an 8 percent increase from the previous year.
There were 64,325 pending sales in 2004, up 6.4 percent compared to 2003; and there were 97,737 new listings in 2004, a 13 percent increase from the previous year.
The statistics include single-family detached, condiminiums, townhouses and twin homes, based on existing home sales reported by the Regional Multiple Listing Service of Minnesota Inc.
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