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 December 19, 2020
Publish Date: December 28, 2020 • All comparisons are to 2019
36% of the market, which is up only slightly from last year. While the middle-price
tiers saw about the same percentage of all-cash sales as last year, the low end of
the market (under $200,000) and the very top of the market (over $1 million) saw
higher shares of cash sales this year than last.
In the Twin Cities region, for the week ending December 19:
• New Listings increased 28.1% to 693
• Pending Sales increased 24.4% to 923
• Inventory decreased 37.0% to 6,137
For the month of November:
• Median Sales Price increased 10.7% to $310,000
• Days on Market decreased 33.3% to 34
• Percent of Original List Price Received increased 2.8% to 100.2%
• Months Supply of Homes For Sale decreased 38.1% to 1.3