Weekly Housing Activity Report For Maple Grove

Weekly Housing Activity Report For Maple Grove

For Week Ending October 21, 2017 Quick Facts
Publish Date: October 30, 2017 • All comparisons are to 2016

year. Savvy real estate professionals not only begin to plan now for another
successful year next year, but they continue to track the trends to see where prices,
listings and other metrics are at relative to last year and all past years of available
data. Finding reliable patterns in the trends is a sure way to be of greater service to
buyers and sellers. Let's see where those trends are in our local market.
In the Twin Cities region, for the week ending October 21:
• New Listings increased 10.5% to 1,329
• Pending Sales decreased 4.4% to 1,016
• Inventory decreased 17.7% to 12,042
For the month of September:
• Median Sales Price increased 7.2% to $246,650
• 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