Lovin' this Minneapols condo!

So excited about this new listing today---- For anyone looking for adorable, affordable, vintage charm in Minneapolis, this condo cannot be beat! Tons of natural light, 3 bedrooms, stunning built-ins, this one isn't a cookie-cutter condo, that's for sure! $184,900.
Click the link below to see photos and info:
For Sale: 3BR/1BA Condo in Minneapolis, MN, $184,900

Now is the time...

The last two months have brought a very pronounced, rapid change in the Twin Cities real estate market that I want to share...　

To give you some background, here are my personal statistics from March 1 - May 11, 2012:

LISTING/SELLER DATA:

Of my last eight listings that have sold (ranging in price from $130k up to $589k and located in Minneapolis, St Louis Park, Minnetonka, & Plymouth):

•  75% have sold in less than 30days on market, with the average of all eight listings being only 20 days on market.
• 50% have sold in multiple offers

 BUYER DATA:

Of the last eight buyers whom I've worked with to purchase homes (ranging in price from $160k up to $495K and located in St. Louis Park, Chaska, Maple Grove, Minnetonka, St. Paul, Waconia, & Plymouth):

•  75% have been involved in multiple offers

Multiple offers and short market times mean one thing: there's just not enough supply for the current demand.

I'm not alone in this----- my story is similar to many of my colleagues; homes are selling quickly, and buyers are clamoring for more product in the marketplace.　 If you've been thinking about selling (or know anyone who might be), especially in the western suburbs in a price range from $150k-$600k, now is the time.　 Buyers are getting serious about buying, and are having a tough time finding what they want. Buyers are growing tired of the foreclosure inventory and are looking for great, move-in ready houses without the burden of foreclosure and short-sale paperwork.

Please let me know if I can help you---- as you know, I'm always available for price opinions to see whether it might make sense for you to make a move.

Feel free to forward this post to anyone you know who's currently interested in the state of the local real estate market.