The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Hennepin County, Minnesota’s real estate market for February 2024.
February 2024’s data reveals a Median Sale Price of $395,000 for homes in Hennepin County. This figure represents a growth of 3.00% month-over-month and a 8.20% year-over-year increase.
A total of 626 homes were sold in the region, indicating an increase of 7.40% from last month and a rise of 9.80% when compared with a year ago.
Homes remained on the market for a median of 39 days, which is down 4 days from the month before and down 12 days from the previous year.
The Market Pulse Score for Hennepin County comes in at 82, pointing to a declining trend within the local real estate market.
For more information about the Hennepin County, Minnesota market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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