Twin Cities Housing Market Heating Up

Updated: 05/17/2013 6:30 AM KSTP.com By: Joe Mazan



If you're a buyer eyeing a new home, you might just miss out if you don't act fast.

The Minnesota Association of Realtors says you'll have on average about 2 1/2 months to move on something, that's if you spot the house when it first hits the market.

Right now, homes are going about a month quicker than a year ago and people are paying roughly $17,000 more.

On Sunday Coldwell Banker Burnet's is holding its spring waterfront home tour. Ninety-nine homes on 26 bodies of water are for sale.

Realtors say even high-end homes are starting to move off the market. Prices on the home tour range from $169,000 up to nearly $6,000,000.