• Home
  • Search Properties
  • Our Listings
  • News
  • About
  • Contact

Weekly Market Report

For Week Ending October 7, 2017

Many potential buyers are simply not on the market during this time of year, as school-aged children settle into routines and the gainfully employed focus more on end-of-year goals and holiday planning over taking on a big move. But not all buyers are equal. Consider instead the first-time buyers with no children, relocated employees, investment buyers, bargain hunters and those with generally fewer ties to established routines.

In the Twin Cities region, for the week ending October 7:

  • New Listings decreased 1.3% to 1,395
  • Pending Sales increased 4.1% to 1,103
  • Inventory decreased 16.6% to 12,378

For the month of September:

  • Median Sales Price increased 7.3% to $246,800
  • Days on Market decreased 12.3% to 50
  • Percent of Original List Price Received increased 0.6% to 98.1%
  • Months Supply of Inventory decreased 16.7% to 2.5

All comparisons are to 2016

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

Weekly Report

  • Buyers
  • Calculators
  • Sellers
  • What is Your Home Worth?
  • Metro Markets
  • Metro Schools

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

Powered By WordPress | Copyright 2013 MightyAgent