pendings: Twin Cities Market Report for the Week of July 27, 2009 - 07/31/09 04:31 AM
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)
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pendings: Is The Bottom Behind Us? - 04/02/08 02:20 PM
In my local market of Roseville/Como Park of the Twin Cities (St. Paul/Minneapolis) in Minnesota it appears either the spring market is here or we are seeing a turn around.  In the past month or so the active listings are not rising very fast, in fact in some areas the active listings are declining in respect to the rising pendings!
Homes priced in the $175,000-$225,000 price point that are clean and ready to move in are selling very fast.  I can think of a whole hand full that were sold in less than 2 weeks.  The average days on market for these … (5 comments)