Twin Cities Weekly Market Activity… by Twin Cities Homes for Sale
Twin Cities Weekly Market Activity
As of May 24, 2010
2010 2009 % Change
New Listings 1,582 1,960 -19.3%
Active Listings 26,416 26,532 -0.4%
Pending Sales 830 1,235 -32.5%
Days on Market until Sale 127 150 -4.4%
Percent of Original Price
Received at Sale 93.6% 90.0% +4.0%
Supply-Demand Ratio
(# homes /buyer) 5.69 5.23 +8.8%
Months Supply of Inventory 6.7 7.70 -13.0%
NEW! Hennepin County price range breakdown for pending transactions:
Current Week Compared to last Week
$0 - $200,000 260 +166
$200,000 - $500,000 211 +114
$500,000 - 1,000,000 31 -4
Over $1,000,000 8 +5
Purchase agreements signed this week went up - thank goodness! Last week's drop appreas to be only temporary.
Buyers, there are still great selection of very good homes to choose from:
it’s time to get started – call me today!
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Contact Marzena M. Melby, GRI, CDPE, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at or by email.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
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