Team Nexus Real Estate Blog

Frank D'Angelo 8 years ago

Irregularities between New Construction Home Prices & Previously Owned Homes

At first glance the illustration below clearly illustrates the 10 year history of the gap between the median sales prices of Twin Cities area previously owned homes and new construction home sales prices.  Historically markets have fluctuated monthly.   The interactive red line represents the Median Sales Prices of previously owned homes in the Twin Cities over that past 10 years.  Note the more extreme fluctuations th...
OR
Already have Account?