Twin Cities home sales

The latest stats on Twin Cities home sales indicate that from January through July, the number of closed sales was less than 1 percent behind last year’s record pace, while the number of new listings lagged only 1.52 percent behind last year, according to data released by the Minneapolis Area Association of Realtors.

During July there were 5,995 closed sales, 4 percent behind last year, while the number of pending sales dipped 3.1 percent to 5,883. The median sale price increased 6.3 percent to $233,300

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