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Updated about 5 years ago on . Most recent reply

User Stats

42
Posts
5
Votes
Tucker Walser
  • Rental Property Investor
  • Minneapolis, MN
5
Votes |
42
Posts

Days on Market to sell a property in Minneapolis

Tucker Walser
  • Rental Property Investor
  • Minneapolis, MN
Posted

Hey,

What is the average DOM to sell a property in Minneapolis currently?

Thanks!

Most Popular Reply

User Stats

688
Posts
594
Votes
Amber Gonion
  • Real Estate Broker
  • Hugo, MN
594
Votes |
688
Posts
Amber Gonion
  • Real Estate Broker
  • Hugo, MN
Replied

Days on the market is skewed by high end properties and properties some realtors own and list to bring in clients. We typically are selling within 72 hours for decent multifamily under 500k (only to give time for highest and best). 3 weeks for 500k to-5M. The last MLS property we put on the market in Prior lake we posted at 7am had a showing at 10am and offer by 2pm at full ask.

If you price it right it will be gone asap.

I used to put things on Ebay thinking no one else in the world will be interested in this item, if it is listed for the right price there is always someone out there.

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