• Home
  • Our Listings
    • Marty’s Listings
    • Aaron’s Listings
    • Charlie’s Listings
  • Prior Sales
  • Sellers
    • Sellers
    • Metro Markets
    • Selling a Home
    • Home Helpers
  • Buyers
    • Buyers
    • Mortgage Calculators
    • Schools
    • Home Helpers
    • Home Inspections
    • Home Buying
  • Meet Marty
    • Testimonials
  • Contact Us
    • Contact Marty
    • Contact Aaron
    • Contact Charlie
  • Search

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

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
  • Weekly Market Reports
  • Building a Home
  • Schools
  • Communities
  • Custom Search
  • What is Your Home Worth?
  • Relocation

Contact Us

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

Powered By WordPress | Copyright 2013 MightyAgent