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Homes

The Siegel* Ritchie Team is proud to announce they will be the exclusive representatives of the new Charles Cudd Villa Homes located in Plymouth! Contact us immediately for information regarding these 21 spectacular homesites bordered by trails, parks and mature trees, with packages priced from approximately $1,105,000 to $1,350,000 . There are 14 walkout lots, 6 lookout lots and 1 slab-on-grade lot, located on Dunkirk Lane in Plymouth (GPS 5815 Dunkirk Lane) for location specific directions. Experience for yourself why Cudd is recognized as one of the premier builders in the metro area. Call us to arrange a model tour and to see specific lots, floor plans and options available for your selection.

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January Monthly Skinny Video

Monthly Skinny Video

New Listings and Pending Sales

Listings and Pendings

Inventory

Inventory

Weekly Market Report

For Week Ending February 18, 2023

The number of homes available for sale continues to increase nationwide, with active listings up 65.5% compared to January 2022, according to Realtor.com’s most recent Monthly Housing Report. Buyers have 248,000 more homes to choose from compared to the same time last year, although the number of homes for sale is still 43.2% lower than it was in 2017 – 2019, prior to the pandemic. Nationally, homes are also spending more time on market compared to last year, giving prospective buyers greater opportunities to make their home purchase goals a reality.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING FEBRUARY 18:

  • New Listings decreased 18.0% to 914
  • Pending Sales decreased 23.1% to 698
  • Inventory increased 13.9% to 5,667

FOR THE MONTH OF JANUARY:

  • Median Sales Price increased 2.7% to $342,000
  • Days on Market increased 46.3% to 60
  • Percent of Original List Price Received decreased 3.6% to 96.0%
  • Months Supply of Homes For Sale increased 44.4% to 1.3

All comparisons are to 2022

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Weekly Report

Mortgage Rates Trend Up

February 23, 2023
The economy continues to show strength, and interest rates are repricing to account for the stronger than expected growth, tight labor market and the threat of sticky inflation. Our research shows that rate dispersion increases as mortgage rates trend up. This means homebuyers can potentially save $600 to $1,200 annually by taking the time to shop among lenders to find a better rate.

Information provided by Freddie Mac.

Interest Rates

Existing Home Sales

Existing Home Sales

New Listings and Pending Sales

Listings and Pendings

New Listings and Pending Sales

Listings and Pendings

Inventory

Inventory

Inventory

Inventory

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Marty Siegel REALTOR, CRS,GRI

Direct: 952.844.6156
Cell: 612.670.3839
E-mail: TCRealtor@aol.com
Coldwell Banker Realty
7550 France Ave. S
Edina, MN 55435
DAVID KAMPIC SIEGEL ENDOWMENT FUND INFORMATION
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All information deemed reliable but not guaranteed and should be independently verified.

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