Weekly Housing Market Activity Report
For Week Ending April 21, 2018
Publish Date: April 30, 2018 • All comparisons are to 2017
in confidence due to an expected positive return on investment, we are starting to
see some upward movement in the New Listings metric locally and throughout the
nation. Although there may not necessarily be positives from week to week, a
longer-term improvement trend would not be a surprise at this point.
In the Twin Cities region, for the week ending April 21:
• New Listings decreased 19.4% to 1,669
• Pending Sales decreased 12.6% to 1,296
• Inventory decreased 23.3% to 8,899
For the month of March:
• Median Sales Price increased 9.8% to $258,000
• Days on Market decreased 21.9% to 57
• Percent of Original List Price Received increased 1.1% to 99.1%
• Months Supply of Homes For Sale decreased 22.7% to 1.7