Twin Cities Market Report for the Week of October 5, 2009
New Listings This Week: 1,725 (one year ago 1,725) 0.0%
Active Listings This Week: 24,503 (one year ago 30,873) -20.6%
Pending Sales This Week: 1,056 (one year ago 749) +41.0%
Days on Market: Aug 2009 (133 days), Aug 2008 (143 days)
Percent of Original List Price Received at Sale: Aug 2009 (94.1%) Aug 2008 (92.7%)
Months of Supply: Aug 2009 (6.9) Aug 2008 (9.9)
Closed Sales: Aug 2009 (4,572) Aug 2008 (3,992)
Median Sales Price: Aug 2009 ($175,000) Aug 2008 ($200,000)
Average Sales Price: Aug 2009 ($208,022) Aug 2008 ($241,096)
*Data collected from Regional Multiple Listing Service for residential properties in the 13 county region.
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