• Home
  • Our Listings
    • Marty’s Listings
    • Aaron’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
  • Search

Weekly Market Report

For Week Ending June 16, 2018

Sales across the nation have risen not only because this time of year typically offers an increase in residential real estate activity, but because this year in particular has proven to have strong economic and market conditions. While it’s still true that prices are rising and inventory is tightening, these long-standing trends have been happening gradually enough to not deter those who are serious about becoming homeowners.

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

  • New Listings increased 10.1% to 2,057
  • Pending Sales decreased 4.3% to 1,420
  • Inventory decreased 18.0% to 10,898

For the month of May:

  • Median Sales Price increased 8.4% to $271,000
  • Days on Market decreased 9.6% to 47
  • Percent of Original List Price Received increased 0.7% to 100.2%
  • Months Supply of Inventory decreased 12.0% to 2.2

All comparisons are to 2017

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 Burnet
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