Weekly Market Report for Minneapolis Real Estate

By
Real Estate Agent with Luke Team Real Estate

Weekly Market Activity Report

Twin Cities home buyers braved the arctic air to sign 533 purchase agreements during the week ending January 22. Although that's 4.5 percent fewer than the same week in 2010, it's better than the 9.3 percent decline we've seen over the last three months.

Sellers brought 1,195 new properties online for the week, a 21.5 percent drop compared to year-ago figures. The 3-month average shows a more subtle 4.9 percent decline.

The number of Active Listings for sale was up 10.6 percent compared to the same week last year, giving buyers 22,810 properties to choose from and sellers 22,809 properties to compete with.

Now if we can just get this snow to stop during our rush hours and weekends.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Minnesota
Groups:
Lead Generation through community websites
Tags:
weekly housing market activity report for minneapolis real estate

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
31,149

Brad Anderson

Ask me a question
*
*
*
*
Spam prevention