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 May 1, 2021 Quick Facts
Publish Date: May 10, 2021 • All comparisons are to 2020
Find out what's happening in Maple Grovefor free with the latest updates from Patch.
that in Q1 2021, 16% of American adults were looking to purchase a home in the
next 12 months, up from 10% from a year ago and now at the highest level since
Q1 2018. The Millennial generation saw the largest change in expectations year
over year, with 32% planning to buy in the next 12 months, double the levels seen
in Q1 2020.
In the Twin Cities region, for the week ending May 1:
• New Listings increased 10.8% to 1,730
• Pending Sales increased 25.5% to 1,534
• Inventory decreased 47.8% to 5,406
For the month of March:
• Median Sales Price increased 10.5% to $328,231
• 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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