Weekly Housing Activity Report For Maple Grove

Weekly Housing Activity Report For Maple Grove

For Week Ending October 14, 2017

Publish Date: October 23, 2017 • All comparisons are to 2016

was thought that tastes had changed, especially among Millennials, and that
people craved more mobility through rentals and smaller, more urban homes. Then
something happened earlier this year: Millennials drove up the homeownership rate.
Judging by continued buyer demand well into autumn, it would seem that owning a
home is still as desirable today as it was 50 years ago.
In the Twin Cities region, for the week ending October 14:
• New Listings decreased 1.7% to 1,365
• Pending Sales decreased 5.1% to 1,027
• Inventory decreased 17.2% to 12,247
For the month of September:
• Median Sales Price increased 7.2% to $246,500
• 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

To see what your home is worth click the link below.

www.BradAndersonSellsMapleG...