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 June 8, 2019 Quick Facts
Publish Date: June 17, 2019 • All comparisons are to 2018
estate markets across the country continue to perform well on a stage that includes
actors such as heightened consumer confidence, wage increases, low
unemployment and an economic expansion that is on the verge of being the
longest in U.S. history. Well-known players such as increased sales prices and low
inventory have recently been joined by fewer new listings in several markets.
In the Twin Cities region, for the week ending June 8:
• New Listings increased 4.1% to 2,187
• Pending Sales decreased 2.0% to 1,467
• Inventory decreased 0.6% to 11,237
For the month of May:
• Median Sales Price increased 5.2% to $285,000
• Days on Market decreased 4.3% to 45
• Percent of Original List Price Received decreased 0.2% to 100.0%
• Months Supply of Homes For Sale increased 4.3% to 2.4