Home sales in Minnesota’s Twin Cities region reached a record 7,047 closed sales in June, up 19.3 percent from 5,905 closed sales in June of last year, according to the state’s Realtor Public Policy Partnership.

Only twice previously has the one-month sales mark surpassed 6,000 homes, with 6,264 closed sales last July and 6,272 closed sales last August.

The total dollar volume of the 7,000-plus closed home sales in the 13-county metropolitan area was a record $1.8 billion in June.

Counties with the greatest increases in closed sales in June include: Wright (37 percent); Scott (33.5 percent); Chisago (26.7 percent); and Hennepin (23.9 percent).

June’s median sale price in the Twin Cities area rose 9.2 percent to $220,000 compared with $201,500 in June of 2003. Goodhue County logged the greatest increase in median sale price with an increase of 18.2 percent to $201,500.

The Realtor Public Policy Partnership consists of the North Metro Realtors Association, the Saint Paul Area Association of Realtors and the Southern Twin Cities Association of Realtors and has more than 7,000 members.

***

What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription