March 24, 2008
Good Morning! Here is the quick Monday Morning Market update for Roseville MN, Falcon Heights and Lauderdale. Which Is MLS district 702. It is the entire zip code of 55113.
| 17-Mar-08 | 24-Mar-08 | |
| Active SFH | 144 | 134 |
| Active Other | 69 | 70 |
| Total | 213 | 204 |
| Pending SFH | 13 | 21 |
| Pending other | 7 | 7 |
| Total | 20 | 28 |
| %of SFH Under Con | 8.28% | 13.55% |
| % of total Under Con | 8.58% | 12.07% |
Notes from MAR 24th:
Seller tips: although you are heading in the right direction here, its only a one week sampling. I have noticed he homes that are selling are homes that are perceived as a VALUE to the smaller pool of buyers that are looking right now. The good news is that buyers appear to be back in the market! Its a great time for them to buy.
Buyer tips: You will notice that the surface of the playing field shifted back somewhat toward the sellers. I personally expect this to continue throughout the spring. Be ready to make a strong offer when you find the home you think is the best for the money. You can be sure someone else is thinking the same thing!
See you next week
Shawn Hartmann
Keller Williams Roseville
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