Special offer

Twin Cities Market Report for the Week of July 27, 2009

By
Real Estate Agent with Keller Williams Premier

Twin Cities Market Report for the Week of July 27, 2009

 

New Listings This Week: 1,798  (one year ago 2,045)   -12.1%

Active Listings This Week: 26,255  (one year ago 33,410)  -21.4%

Pending Sales This Week: 1,038  (one year ago 878)  +18.2%

Days on Market: June 2009 (140 days),  June 2008 (147 days)

Percent of Original List Price Received at Sale: June 2009 (92.9%)  June 2008 (92.8%)

Months of Supply: June 2009 (7.3) June 2008 (10.6)

Closed Sales: June 2009 (4,764)  June 2008 (3,969)

Median Sales Price: June 2009 ($173,500) June 2008 ($205,000)

Average Sales Price: June 2009 ($204,470) June 2008 ($247,565)

 

 *Data collected from Regional Multiple Listing Service for residential properties in the 13 county region.