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Results For Tag: new listings

Market Statistics

April 11, 2013 |  Article By :   | 

The Minneapolis Area Association of Realtors has released the Twin Cities market statistics for the week ending March 30th, 2013.  Buyers are still out in full force and inventory continues to decline!

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

• New Listings decreased 12.1% to 1,349
• Pending Sales increased 12.0% to 1,210
• Inventory decreased 29.6% to 12,909

For the month of March:

• Median Sales Price increased 17.4% to $176,000
• Days on Market decreased 24.3% to 109
• Percent of Original List Price Received increased 3.1% to 95.0%
• Months Supply of Inventory decreased 40.0% to 3.0

Market Statistics

April 4, 2013 |  Article By :   | 

The Minneapolis Area Association of Realtors has released the latest market statistics for the week ending March 23.  We are in the midst of spring market, buyers are still out there in large numbers and housing inventory is still declining.

In the Twin Cities region, for the week ending March 23:
• New Listings increased 2.8% to 1,453
• Pending Sales increased 11.9% to 1,116
• Inventory decreased 29.8% to 12,779

Market Statistics

March 28, 2013 |  Article By :   | 

The Minneapolis Area Association of Realtors has released the housing statistics for the week ending March 16, 2013.

In the Twin Cities region, for the week ending March 16:

• New Listings increased 4.9% to 1,475
• Pending Sales increased 11.9% to 1,094
• Inventory decreased 30.1% to 12,661

 

 

Market Statistics

March 7, 2013 |  Article By :   | 

graph colorThe Minneapolis Area Association has released the Twin Cities market statistics for the week ending February 23.  The spring market is upon us and the buyers are coming out of the woodwork at a fast pace but the homes for sale are not coming onto the market causing a very serious shortage of homes for buyers to choose from. Right now it has changed from a buyers to a sellers market.  With such a low inventory of homes for sale, homes priced correctly are selling fast and often end up in multiple offer situations.

In the Twin Cities region, for the week ending February 23:
• New Listings decreased 6.1% to 1,176
• Pending Sales increased 3.1% to 927
• Inventory decreased 30.9% to 12,341

For the month of January:
• Median Sales Price increased 14.3% to $160,000
• Days on Market decreased 24.1% to 107
• Percent of Original List Price Received increased 2.5% to 93.5%
• Months Supply of Inventory decreased 40.0% to 3.0