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%
(# 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.
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Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
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Copyright © 2010 by Marzena M. Melby, All Rights Reserved