Weekly Housing Activity Report For Maple Grove

Weekly Housing Activity Report For Maple Grove

For Week Ending March 18, 2017
Publish Date: March 27, 2017 • All comparisons are to 2016

still a large divide between supply and demand. However, we need to keep in mind
that the value of the housing market is the highest it has been in years. Confidence
and household incomes are increasing, which are indicators of future home buying,
which should lead to a continued strong market.
In the Twin Cities region, for the week ending March 18:
• New Listings decreased 2.2% to 1,728
• Pending Sales decreased 2.7% to 1,247
• Inventory decreased 23.7% to 9,633
For the month of February:
• Median Sales Price increased 7.8% to $223,500
• Days on Market decreased 14.6% to 82
• Percent of Original List Price Received increased 1.4% to 96.5%
• Months Supply of Homes For Sale decreased 28.0% to 1.8