Real Estate
Weekly Housing Activity Report For Maple Grove
Weekly Housing Activity Report For Maple Grove
Weekly Housing Activity Report For Maple Grove
For Week Ending October 7, 2017
Publish Date: October 16, 2017 • All comparisons are to 2016
Many potential buyers are simply not on the market during this time of year, as
school-aged children settle into routines and the gainfully employed focus more on
end-of-year goals and holiday planning over taking on a big move. But not all
buyers are equal. Consider instead the first-time buyers with no children, relocated
employees, investment buyers, bargain hunters and those with generally fewer ties
to established routines.
In the Twin Cities region, for the week ending October 7:
• New Listings decreased 1.3% to 1,395
• Pending Sales increased 4.1% to 1,103
• Inventory decreased 16.6% to 12,378
For the month of September:
• Median Sales Price increased 7.3% to $246,800
• Days on Market decreased 12.3% to 50
• Percent of Original List Price Received increased 0.6% to 98.1%
• Months Supply of Homes For Sale decreased 16.7% to 2.5