• 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 February 4, 2017

According to a recent Gallup poll, it is the first time in more than 15 years that a majority of Americans are optimistic about finding a quality job. This is great news for the entry-level housing market, as job growth and improved wages fuel demand for home purchases. Rents have also been on the rise, another factor that has put the entry-level market in strong demand.

In the Twin Cities region, for the week ending February 4:

  • New Listings increased 3.3% to 1,282
  • Pending Sales remained flat at 882
  • Inventory decreased 24.0% to 8,399

For the month of January:

  • Median Sales Price increased 4.7% to $225,000
  • Days on Market decreased 7.1% to 79
  • Percent of Original List Price Received increased 0.9% to 95.9%
  • Months Supply of Inventory decreased 26.1% to 1.7

All comparisons are to 2016

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