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Twin Cities Weekly Market Activity... by Twin Cities Homes for Sale
Twin Cities Weekly Market Activity… by Twin Cities Homes for Sale Twin Cities Weekly Market Activity As of March 29, 2010 2010 2009 % Change New Listings 2,277 1,768 +28.8% Active Listings 25,122 26,064 -3.6% Pending Sales 950 862 +10.2% Days on Market until Sale 142 157 -9.7% Percent of Original Price Received at Sale 92.3% 89.3% +3.4% Supply-Demand Ratio (# homes /buyer) 5.39 5.79 -6.9% Months Supply of Inventory 5.50 7.70 -28.6% NEW! Hennepin County price range breakdown for pending transactions: Current Week Compared to last Week $0 - $200,000 237 -2 $200,000 - $500,000 155 -1 $500,000 - 1,000,000 21 -2 Over $1,000,000 3 -1 Twin Cities are experiencing a rush of homes coming on the market. So, competition is increasing for the home sellers. However, the actual pending sales dropped off somewhat. Perhaps buyers are taking a little longer to find the right home. Contact me for a FREE detailed MARKET ANALYSIS of ... more
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