Weekly Housing Market Activity Report for the Twin Cities

Weekly Housing Market Activity Report for the Twin Cities

For Week Ending September 14, 2019 Quick Facts
Publish Date: September 23, 2019 • All comparisons are to 2018

begins its annual cooldown as well. With buyer and seller activity remaining strong,
it will be at a little more relaxed pace than during the late spring and summer. While
Halloween decorations may be adorning stores and soon adorn the stoops of
homes around the country, the real estate market this fall is looking far from scary.
In the Twin Cities region, for the week ending September 14:
• New Listings decreased 1.3% to 1,820
• Pending Sales decreased 7.8% to 1,144
• Inventory decreased 4.8% to 12,423
For the month of August:
• Median Sales Price increased 6.7% to $286,000
• Days on Market increased 2.5% to 41
• Percent of Original List Price Received decreased 0.2% to 99.0%
• Months Supply of Homes For Sale decreased 3.8% to 2.5