Closed home sales ticked up in March as pending sales rose.
Chris Galler is president of Minnesota Realtors. He says the fact that there was an increase in March is pretty amazing considering the low inventory of homes on the market. He says once a home goes up for sale, it usually sells in no time.
Across Minnesota, there were only 7,738 homes for sale in March, compared to more than 17 thousand in March of 2020.