prices up, inventories down. maybe the bottom of the housing market is out there somewhere, after all.

the median sales prices for a home in the twin cities market was considerably up last month over february and march.

and the number of new listings last month was down 9 and half percent relative to the same time in 2007.

minneapolis area association of realtors president kevin knudsen, says that inventory is thinning, is good news.

the median sales price for a twin cities area home last month was 204 thousand, 500 dollars. that's up nearly 10 thousand dollars since february.