Weekly Market Activity Report
For Week Ending December 21, 2013
Publish Date: December 30, 2013 • All comparisons are to 2012
Gains in construction activity and job growth have made the Fed confident that moderate bond tapering won't rock the resilient real estate market. Holiday happenings have bolstered an already healthy economy. And though winter vacation jubilee may accentuate seasonally lazy home sales, most local markets should show cozy year-over-year comparisons.
In the Twin Cities region, for the week ending December 21:
• New Listings decreased 15.3% to 558
• Pending Sales decreased 11.0% to 689
• Inventory decreased 7.3% to 13,283
For the month of November:
• Median Sales Price increased 13.4% to $195,000
• Days on Market decreased 26.5% to 75
• Percent of Original List Price Received increased 1.3% to 95.4%
• Months Supply of Inventory decreased 11.1% to 3.2
www.BradAndersonHomes.com
This post was contributed by a community member. The views expressed here are the author's own.
We’ve removed the ability to reply as we work to make improvements. Learn more here
The views expressed in this post are the author's own. Want to post on Patch?
More from Maple Grove
Crime & Safety|
1 Killed, 2 Injured In Coon Rapids Head-On Crash
