There were 34 single family homes in Minneapolis – Southwest Area that sold in the month of February according to the MLS. The average sale was $374,521; the average price per square foot was $162; and the average Days on the Market was 88.
MLS Market Summary Analysis: Mpls- Southwest Sf Solds MLS CMA 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.