Skip to main content

September home sales: U.S. down two percent, Minnesota up 13 percent

  • Author:
  • Updated:
    Original:

Autumn's arrival did not cool off Minnesota's housing market.

As the Star Tribune reports, September numbers from the Minnesota Association of Realtors show a 13 percent increase in home sales statewide compared to a year ago.

Here's the report from the Realtors, which also shows a double-digit increase in the median sale price and a 14 percent hike in new listings.

Minnesota's numbers are in contrast to the National Association of Realtors' report, which found that across the country closings were down nearly two percent. But the Star Tribune calls that decline smaller than expected.

Residential construction is also on the rise, at least in central Minnesota. The St. Cloud Times reports that in the six-city St. Cloud metro area, the value of new construction is on pace to surpass $50 million this year. That would be a first since 2008, according to the Times.

Next Up

SuspectsWantedMOAShooting

Bloomington PD to provide update on Mall of America shooting investigation

There's unconfirmed reports the suspected gunman and an accomplice have been arrested.

Screen Shot 2022-08-11 at 3.14.27 PM

Motorcyclist found dead behind guardrail 6 hours after crash

The crash happened before sunset Wednesday, but no one called 911.

Screen Shot 2022-08-11 at 2.49.44 PM

Strike vote set for 15,000 Minnesota nurses

If the nurses walk off the job, Minnesota would be home to one of the largest nurses strikes in U.S. history.

DSC_8611

Iowa Gov. asks court to lift injunction on 'heartbeat' abortion ban

A court challenge seeks to revive Iowa's abortion ban.

zipper merge, construction

6 transportation projects in Minnesota get $100M federal funding

The projects extend to areas all across the state.

covid

Minnesota's COVID-19 update for the week ending Tuesday, August 9

The number of cases in the latest reporting period dropped compared to the previous week's update.

Screen Shot 2022-08-11 at 11.27.17 AM

Takeaways from Minneapolis' new gun violence report

The rise in violent crime in Minneapolis is showing signs of plateauing.

bmw-g1a1c50760_1280

Man, woman arrested after shots fired from BMW at 3 motorcyclists

The driver of the BMW led police on a chase, driving the wrong way on state highways.

Screen Shot 2022-08-10 at 2.02.48 PM

Drive Shack Inc. announces upcoming 'Puttery' venue in Minneapolis

The growing business backed by Rory McIlroy is coming to the Twin Cities.

Screen Shot 2022-08-08 at 7.13.33 AM

BCA: Man was 'running towards' deputy with knife before fatal shooting

The Minnesota BCA has identified the four deputies who fired weapons.

Related