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.
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