The Iverson Group

REALTOR®

The Iverson Realty Group
MENUMENU
  • Home
  • Search
    • Residential Search
    • Rental Search
    • Multi-Family Search
  • Testimonials
  • Our Listings
  • Patti’s List
  • Meet The Team
  • Contact

Weekly Market Report

August 27, 2019 by Al and Patti Iverson

For Week Ending August 17, 2019

As families across the U.S. enjoy the last few weeks of summer before the start of the school year, it seems that the real estate market is seeing an infusion of new energy that is partially offsetting the expected seasonal slowdown. Further decreases in housing inventory and month’s supply at the national level point to a moderate influx of new buyers, perhaps due to the allure of lower mortgage rates. It remains to be seen whether these trends will be affected by events in the general economy.

In the Twin Cities region, for the week ending August 17:

  • New Listings decreased 2.9% to 1,712
  • Pending Sales increased 3.9% to 1,316
  • Inventory decreased 3.5% to 12,392

For the month of July:

  • Median Sales Price increased 5.9% to $283,900
  • Days on Market remained flat at 38
  • Percent of Original List Price Received decreased 0.1% to 99.7%
  • Months Supply of Homes For Sale remained flat at 2.5

All comparisons are to 2018

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

Filed Under: Inventory

  • Log In | Log Out
  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Area Links
$ 279,900 - Minneapolis MN 55403
210 Street
2 beds, 2 baths
View Details
$ 675,000 - Hopkins MN 55305
3675 Ridge
3 beds, 3 baths
View Details
$ 669,000 - Minneapolis MN 55401
408 Street
2 beds, 2 baths
View Details
$ 615,000 - Minneapolis MN 55419
4929 Avenue S
4 beds, 3 baths
View Details
$ 269,900 - Eden Prairie MN 55347
14307 Lane
2 beds, 2 baths
View Details
$ 300,000 - Robbinsdale MN 55422
3232 Avenue N
4 beds, 3 baths
View Details
$ 1,349,000 - Minneapolis MN 55403
915 Parkway
4 beds, 5 baths
View Details
$ 288,000 - Minneapolis MN 55404
500 Street
1 beds, 1 baths
View Details
$ 239,900 - Bloomington MN 55420
9600 Avenue S
2 beds, 2 baths
View Details
$ 724,900 - Saint Louis Park MN 55426
3620 Avenue S
5 beds, 4 baths
View Details
Stay in touch!

Email us with any questions you have or just to say hello.

The Iverson Realty Group

Coldwell Banker Realty
17305 Cedar Ave S, Ste 100
Lakeville, MN 55044
Realtor & Housing

Licensed In Minnesota

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



Powered by WordPress | © MSLLC

Copyright © 2021 · Genesis Child on Genesis Framework · WordPress · Log in