Weekly Housing Market Activity Report for the Twin Cities

Weekly Housing Market Activity Report for the Twin Cities

For Week Ending April 20, 2019

Publish Date: April 29, 2019 • All comparisons are to 2018

Idaho, Colorado, Wisconsin and Illinois, among other Western and Midwestern
states, house hunters in these locales and other warmer places do not seem
particularly phased by wintry or wet weather. The spring market has sprung, and
new listings are pressing upward with more frequency in several markets. Sales
remain lower than last year in much of the country. Here is how the local market is
faring.
In the Twin Cities region, for the week ending April 20:
• New Listings decreased 5.3% to 1,581
• Pending Sales decreased 0.7% to 1,330
• Inventory decreased 1.5% to 9,405
For the month of March:
• Median Sales Price increased 6.5% to $275,000
• Days on Market increased 15.8% to 66
• Percent of Original List Price Received decreased 0.5% to 98.6%
• Months Supply of Homes For Sale increased 5.6% to 1.9