photo
  • Home
  • About Us
    • Endorsements
  • Featured Listings
  • Search
  • Sellers
    • Sellers
    • Metro Markets
  • Buyers
    • Buyers
    • Calculators
    • Communities
    • Schools
  • News
  • Contact Duplex King

Weekly Market Report

For Week Ending May 2, 2015

Through research conducted by the National Association of REALTORS® on the 100 largest housing markets in the nation, it was revealed that 93 out of 100 had uneven wealth ratios and declining homeownership between 2010 and 2013. Homeownership has dropped as slow wage growth, low inventory and tough mortgage standards have become the norm. Activity is spring fresh and exciting at the moment, but it is important to be mindful of the long game.

In the Twin Cities region, for the week ending May 2:

  • New Listings increased 10.5% to 2,050
  • Pending Sales increased 26.0% to 1,512
  • Inventory decreased 1.3% to 15,298

For the month of April:

  • Median Sales Price increased 10.2% to $216,000
  • Days on Market decreased 4.5% to 85
  • Percent of Original List Price Received increased 1.1% to 97.0%
  • Months Supply of Inventory decreased 2.8% to 3.5

All comparisons are to 2014

Click here for the full Weekly Market Activity Report. From The Skinny Blog.

Weekly Report

Testimonials

Chris has been my go-to realtor for the past decade. He has personally handled more than 15 investme Read More...


- Joshua H.

Thanks again for the great work you did for me. You guys are the best!


- Tom

All information deemed reliable but not guaranteed and should be independently verified.

Powered By WordPress | Copyright 2023 MightyAgent