Lee Homes

RKotoski@CBBurnet.com

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

Weekly Market Report

April 18, 2016 by Adam Tita

For Week Ending April 9, 2016

Although inventory is down across the country, many homes that do get listed are selling fast. Days on market is dwindling, and sellers are getting more for their homes than they might have in the past. Confident seller pricing combined with continuously low interest rates for buyers is keeping most markets balanced.

In the Twin Cities region, for the week ending April 9:

  • New Listings decreased 6.1% to 1,983
  • Pending Sales increased 15.2% to 1,496
  • Inventory decreased 18.3% to 12,389

For the month of March:

  • Median Sales Price increased 5.7% to $222,000
  • Days on Market decreased 17.5% to 85
  • Percent of Original List Price Received increased 0.9% to 96.8%
  • Months Supply of Inventory decreased 28.6% to 2.5

All comparisons are to 2015

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

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