Health & Fitness
Weekly Housing Report
Weekly Market Activity Report
For Week Ending March 8, 2014
Publish Date: March 17, 2014 • All comparisons are to 2013
More daylight should help bring more hours of long-desired activity to the housing market. As the spring market dawns, sellers may see prices continue to rise and more homes should find their way to market. As long as the economy continues to gain momentum and mortgages remain low, previously underwater sellers and eager buyers should find opportunities to talk business.
In the Twin Cities region, for the week ending March 8:
• New Listings increased 6.5% to 1,454
• Pending Sales decreased 14.7% to 821
• Inventory decreased 9.4% to 12,118
For the month of February:
• Median Sales Price increased 14.4% to $183,000
• Days on Market decreased 10.8% to 99
• Percent of Original List Price Received decreased 0.2% to 93.6%
• Months Supply of Inventory decreased 12.5% to 2.8
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