The last 3 years the inventory of homes has decreased. This has added to higher prices and shorter days on the market. This year of 2017 is no exception and we have moved in a sellers market for many areas and price ranges. It is important that you understand each areas inventory at the price range you are looking or selling to determine the correct sales price, and factors that determine the amount of interest and size of the buyer pool for the home. Your real estate professional will provide the needed information for you to make an educated decision.
Here is a link to the startribune.com article titled “Twin Cities housing market expected to tighten more in 2017” for more information.