photo
  • Home
  • About Us
    • Endorsements
  • Featured Listings
  • Search
    • Search Residential
    • Search Rental
    • Search Multi Family
    • Search Land
    • Search Farms
    • Search Commercial
    • Coming soon Search
  • Sellers
    • Sellers
    • Metro Markets
  • Buyers
    • Buyers
    • Calculators
    • Communities
    • Schools
  • News
  • Contact Duplex King

Weekly Market Report

For Week Ending April 30, 2016

The home-purchasing season may get a bit competitive this year thanks to low mortgage rates and pent up demand. With pending sales on the rise in many markets combined with a relatively low number of homes for sale, buyers need to act quickly once they find their ideal home.

In the Twin Cities region, for the week ending April 30:

  • New Listings decreased 8.8% to 1,869
  • Pending Sales increased 5.2% to 1,584
  • Inventory decreased 18.7% to 12,966

For the month of April:

  • Median Sales Price increased 7.7% to $231,500
  • Days on Market decreased 14.1% to 73
  • Percent of Original List Price Received increased 1.0% to 98.0%
  • Months Supply of Inventory decreased 27.8% to 2.6

All comparisons are to 2015

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 2021 MightyAgent