There were 2 single family homes in Minneapolis – Central area that sold in the month of February according to the MLS. The average sale was $49,543; the average price per square foot was $37; and the average Days on the Market was 15.
MLS Market Summary: Mpls – Central Area Single Family Solds MLS Comparables Feb 2011
* The Multiple Listing Service (MLS) Comparable Market Analysis (CMA) for homes is like the Blue Book for cars. The Comparables Sold Summary portion includes: the area of interest, sold price, # of bedrooms, # of baths, total finished square footage (TFSF), $ per square foot ($/Sq), year built, style, sold date, days on the market (DOM), cumulative days on the market (CDOM), and the averages for the time specified in the report. Comparables are a way to help sellers and potential buyers understand the market and set a price.
The information is deemed reliable, but not verified or guaranteed.