Minnesota Realtors CEO Chris Galler says here in the St. Cloud area for the month of March new listings were up over 19 percent, closed sales were up over six percent, and the median sales price was up nearly three percent compared to March of 2019.
Recent figures from the National Association of Realtors shows the supply of homes for sale has fallen on a yearly basis for 21 consecutive months. Those numbers mirror what's happening in Minnesota too.
It was a strong first half of the year for housing sales in the St. Cloud area. Statistics from the St. Cloud Association of Realtors show several statistical categories were higher than the same time last year.
St. Cloud area home sales are down by about 17-and-a-half percent for the first half of the year. But, that's no real surprise to Russ Portele who is the branch Vice President for the Coldwell Banker Burnet office in Waite Park. He says last year's numbers were artificially inflated becuse of the $8-thousand first-time home-buyers tax credit.