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The five thousand tickets to the Inaugural parade released by the Presidential Inaugration Committee (PIC) at 1pm today sold out "in minutes," CBS News' Andrea Bruce reports. PIC is still reeling from the demand of these tickets and trying to figure out exactly how long the sales took.

The tickets for the parade cost $25 each and will allow spectators access to bleachers along the 1.7 mile parade route from the Capitol to the White House. More than 13,000 people will participate in the parade, including 90 music, cultural and community groups and representatives from the Armed Forces.

UPDATE: Now, Ticketmaster tells CBS News that the tickets likely ran out in under one minute.

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