2006 Numbers Twin Cities

Picture1 It has been an interesting year, with the number of homes on the market increasing, while at the same time the numbers of homes sold each month decreased.

It is important when looking at these numbers to compare at least two years worth of data because there are seasonal variations in home sales every year. 

The biggest change in the past year has been in the number of days homes are on the market before someone buys them.  The supply and demand ratio is currently at about 11 months, in January of 2006 , the supply and demand ratio was at  5.58 months.   The data used to make the charts comes from the MLS and is for the entire Twin Cities area.  Average sold prices and supply and demand ratios vary by neighborhood.

Interestrt

The data used to make the chart of average metro area prices comes from the MLS and is for residential listings in the Twin Cities area.

Watch for St. Paul year end neighborhood numbers the first week in January. 

 ***TO CLEAR UP ANY POSSIBLE CONFUSION THESE ARE MY CHARTS AND GRAPHS, EACH ONE WAS MADE TAKING DATA FROM THE MLS, OR IN THE CASE OF THE INTEREST RATES THE DATA CAME FROM THE FREDDIE MAC WEEKLY MORTGAGE SURVEY, THE DATA WAS ENTERED ONTO AN EXCEL SPREAD SHEET, AND GRAPHS WERE GENERATED.  THERE IS NO COPY RIGHT ON THE CHARTS, AN OVER SIGHT ON MY PART.***

 

 
Posted by Teresa Boardman on 12/30/2006 09:20 AM   Comments (9)   , , ,  
This post has been included in Minnesota Information

9 Comments on some 2006 numbers for the twin cities metro area

Hi Teresa,  I like the charts--this is something clents would like to see.

12/30/2006 11:59 AM by Leslie Bloss, Seattle Real Estate Professional (Brio Realty)

Does every MLS but mine have such nice charts?

12/30/2006 12:01 PM by Maureen Francis & Dmitry Koublitsky, SKBK Sotheby's - Metro Detroit (SKBK Sotheby's International Realty)

Leslie, my clients see these on my blog and I include them in a newsletter.

Maureen, the data comes from the MLS, I use MSexcel to use the charts which I should probably copyright.

12/30/2006 01:14 PM by Teresa Boardman (Keller Williams)

Teresa,

You built the charst using MS Excel, how did you transfer them to the blog? They are clear & easy to understand. 

Jay 

12/30/2006 02:56 PM by Jay Merton & Medford Ambrose, the Codgers (Retired Handymen)

Jay,

I paste the charts into MS publisher and convert them to JPEG's. 

12/30/2006 03:16 PM by Teresa Boardman (Keller Williams)

You are not alone MF, mine doesn't either, although they have other dynamite features lol

12/30/2006 03:44 PM by Carole Cohen Realtor®, ePRO (Howard Hanna Cleveland City Office)

Carol, Our MLS has a statistics page on the welcome page.  Most agents skip right by this page, but there is important info there.  From the stats provided by the MLS, Teresa just cut and pasted or manually entered the data into Excel.  From there you go to the chart wizard and it's a piece of cake (or lychee as the case may be) from there!

12/30/2006 08:22 PM by Bonnie Erickson (The Realty Matrix)

A lot of people are visual and can make more sense out of a chart than from words.

12/31/2006 06:00 AM by Sharon Simms St Pete Florida CRS CIPS CLHMS (RE/MAX Metro)

"Tonights the night the world begins again..."

While these are not my words, they are the words of an amazing rock song that conveys my wish to you on this eve of a New Year.

Happy New Years!

Me

Listen here: Windows or Quick Time

12/31/2006 01:39 PM by Craig Schiller (REAL ESTAGING, a nationally recognized leader in Staging.)

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Real Estate Agent: Teresa Boardman (Keller Williams)
Teresa Boardman
Saint Paul, MN
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Keller Williams

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