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Thursday, December 24, 2009

Christmas Eve Sales

Stocking Stuffer

Where: 48xx Portland Ave. South, in South Minneapolis
When: went pending today (Christmas Eve)
What: 5 BR/3 Bath stucco bungalow with over 2,200 square feet
How (much): asking price - $209,900
Who: listed by Roman Dziuba, Minnesota Realty

Every year, clients contemplating listing their homes around Holiday time ask about the wisdom of going ahead now vs. waiting till the market accelerates a bit (typically, early February).

My stock answer is that, in a big, metropolitan area like the Twin Cities (13 counties; total population 2.5 million), homes sell every day of the year -- including Christmas Eve!

I never actually bothered to check that statement; rather, I always simply assumed that it was true.

Well, it is.

I just ran a metro-wide MLS search for homes that went "Pending" today, and found 14 such transactions (including the home pictured above).

Happy Holidays!

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