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 April 24, 2021
Publish Date: May 3, 2021 • All comparisons are to 2020
Find out what's happening in Maple Grovefor free with the latest updates from Patch.
benchmark 30-year fixed-rate mortgage rate, while still higher than a few months
ago, remains more than one third of a percent less than the same time last year.
The slight pullback in rates may be short lived, however, as Nadia Evangelou, senior
economist for the National Association of REALTORS®, still expects rates to rise in
the coming months.
In the Twin Cities region, for the week ending April 24:
• New Listings increased 14.5% to 1,687
• Pending Sales increased 38.4% to 1,509
• Inventory decreased 47.5% to 5,337
For the month of March:
• Median Sales Price increased 10.4% to $328,000
• Days on Market decreased 36.1% to 39
• Percent of Original List Price Received increased 2.7% to 101.9%
• Months Supply of Homes For Sale decreased 47.4% to 1.0
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