Weekly Housing Market Activity Report for the Twin Cities

Weekly Housing Market Activity Report for the Twin Cities

For Week Ending December 21, 2019
Publish Date: December 30, 2019 • All comparisons are to 2018

from the transacting of homes to preparations for celebrating the holidays with their
family and friends. Renewed interest by both buyers and sellers will come in the
New Year and with it, the expectations for a strong housing market in 2020.
In the Twin Cities region, for the week ending December 21:
• New Listings increased 6.1% to 524
• Pending Sales decreased 1.3% to 706
• Inventory decreased 13.1% to 8,805
For the month of November:
• Median Sales Price increased 5.6% to $279,900
• Days on Market decreased 1.9% to 51
• Percent of Original List Price Received increased 0.2% to 97.5%
• Months Supply of Homes For Sale decreased 9.1% to 2.0

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