Dennis Holmquist

612-867-7636

MENUMENU
  • Home
  • Property Search
  • Listings
  • Resources
    • Sellers
    • Buyers
  • News
  • About
  • Contact

Weekly Market Report

July 29, 2019 by Dennis Holmquist

For Week Ending July 20, 2019

Residential real estate markets across the nation have been performing quite well at this point in the year in terms of home sales, price and inventory. Although not always true at every price point and home type in every geography, the general rule of thumb in 2019 as we stretch beyond the halfway point of the year has been a trend of relative market balance, which is a great thing for both real estate professionals and consumers.

In the Twin Cities region, for the week ending July 20:

  • New Listings decreased 2.4% to 1,883
  • Pending Sales decreased 3.6% to 1,342
  • Inventory decreased 2.8% to 12,005

For the month of June:

  • Median Sales Price increased 7.2% to $290,000
  • Days on Market increased 2.5% to 41
  • Percent of Original List Price Received decreased 0.3% to 100.0%
  • Months Supply of Homes For Sale increased 4.0% to 2.6

All comparisons are to 2018

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Inventory

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Schools
  • Area Links

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following. Follow me.

  • Facebook
  • Google+
  • Instagram
  • StumbleUpon
  • Twitter

Navigation

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Schools
  • Area Links

Keep in Touch!

Realtor & Housing

Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.



© MSLLC | Copyright © 2019