This post was contributed by a community member. The views expressed here are the author's own.

Real Estate

Weekly Housing Market Activity Report for the Twin Cities

Weekly Housing Market Activity Report for the Twin Cities

Weekly Housing Market Activity Report for the Twin Cities

For Week Ending January 30, 2021

Publish Date: February 8, 2021 • All comparisons are to 2020

Find out what's happening in Maple Grovefor free with the latest updates from Patch.

A strong housing market isn’t just a local activity, and two recently released reports

provide us with insights to the strength of residential real estate nationally. The S&P
CoreLogic Case-Shiller National Home Price NSA Index rose 9.49% in December
2020 from its December 2019 level. Meanwhile, the National Association of
REALTORS® existing home sales report found the median price of existing home
sales nationwide rose to $309,800 in December 2020, up 12.9% from the year
before.
In the Twin Cities region, for the week ending January 30:
• New Listings decreased 2.8% to 976
• Pending Sales decreased 1.8% to 923
• Inventory decreased 40.3% to 4,992
For the month of December:
• Median Sales Price increased 10.0% to $307,000
• Days on Market decreased 30.4% to 39
• Percent of Original List Price Received increased 2.5% to 99.7%
• Months Supply of Homes For Sale decreased 41.2% to 1.0

Go to my web-site to see your homes current value for Free, you can also search for your new home for Free.

www.BradAndersonHomes.com

Find out what's happening in Maple Grovefor free with the latest updates from Patch.

The views expressed in this post are the author's own. Want to post on Patch?

More from Maple Grove