Lee Homes

RKotoski@CBBurnet.com

  • Home
  • Our Company
  • Gallery and Testimonials
  • Virtual Tours
  • Plans
  • Contact Us

Weekly Market Report

September 23, 2013 by Adam Tita

For several weeks, markets across the country have seen consistent gains in sales, prices and percent of list price received at sale. Things like steadily low rates, less lender-mediated inventory and increased consumer confidence are all helping this reality. Each and every week reveals signs of a recovered market that are going from temporary yard sign to permanent road sign. Here’s to hoping for prosperous signs on the road ahead.

In the Twin Cities region, for the week ending September 14:

  • New Listings increased 19.5% to 1,625
  • Pending Sales increased 8.3% to 1,006
  • Inventory decreased 8.0% to 16,095

For the month of August:

  • Median Sales Price increased 16.9% to $207,900
  • Days on Market decreased 34.0% to 70
  • Percent of Original List Price Received increased 2.0% to 97.0%
  • Months Supply of Inventory decreased 18.2% to 3.6

Click here for the full Weekly Market Activity Report.From The Skinny.

Filed Under: Weekly Report

  • Model
    Location
  • Warranty
  • Better
    Business
    Bureau
  • Builders
    Assoc
  • The Most
    Important
    Tab

Realtor & Housing
Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.
Copyright © 2023 | Limelight Marketing Systems