Weekly Housing Market Activity Report
For Week Ending September 1, 2018
Publish Date: September 10, 2018 • All comparisons are to 2017
a natural switch in focus toward the likes of back-to-school needs, home
preparation for colder weather and even pre-planning for winter holiday and leisure
travel. Although there doesn't appear to be a huge national increase in sales
compared to last year, there also isn't any overt let-down. Residential real estate is
healthy now and should continue to be healthy into the fall and winter seasons.
In the Twin Cities region, for the week ending September 1:
• New Listings decreased 1.4% to 1,291
• Pending Sales increased 0.4% to 1,217
• Inventory decreased 7.6% to 12,438
For the month of July:
• Median Sales Price increased 6.6% to $268,000
• Days on Market decreased 17.4% to 38
• Percent of Original List Price Received increased 0.7% to 99.8%
• Months Supply of Homes For Sale decreased 7.4% to 2.5