The data rich Twin Cities Housing Market 2010 Annual Report was recently released by the Minneapolis Area Association of Realtors. This report covers the 13 county metro area. Longfellow (area 303) came in #1 and #2 in a couple of categories that you actually WANT to place high in. Longfellow ranked #2 in percent of original list price received, at 95.3% or original list price received. This likely means that homes are being priced well and are therefore commanding a higher percentage of the list price. Longfellow was at the top of the list for "days on market until sale" at 74 days! These two measures point to a healthier real estate market and suggest strong demand for the area. This comes as no surprise to me. Longfellow is an amazing place to live!!
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