Weekly Housing Market Activity Report
For Week Ending October 6, 2018
Publish Date: October 15, 2018 • All comparisons are to 2017
deeper into autumn. In many markets, new listings and/or pending sales are still
outperforming the results from this same time last year. When the economy is
strong, buyers and sellers will remain active beyond the more traditional selling
season. Predictions for a slowdown are rolling in, but we're not there yet. Let's take
a look at what's happening locally.
In the Twin Cities region, for the week ending October 6:
• New Listings increased 11.0% to 1,554
• Pending Sales decreased 1.3% to 1,121
• Inventory decreased 3.3% to 12,532
For the month of September:
• Median Sales Price increased 6.1% to $262,000
• Days on Market decreased 16.0% to 42
• Percent of Original List Price Received increased 0.3% to 98.4%
• Months Supply of Homes For Sale remained flat at 2.6