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Weekly Market Report

September 20, 2021 by Al and Patti Iverson

For Week Ending September 11, 2021

Fall brings good news for those looking to purchase a home, with realtor.com reporting the best time to buy a home is now, according to their Best Time to Buy Report, which analyzed listing data back to 2018. Based on the data, analysts found that the period between Sept. 12 and Oct. 17 will offer the most favorable home buying conditions to prospective buyers, as the majority of U.S. markets are predicted to see more homes for sale, less competition, and increased days on market than at any other time this year.

In the Twin Cities region, for the week ending September 11:

  • New Listings decreased 9.0% to 1,680
  • Pending Sales decreased 19.5% to 1,141
  • Inventory decreased 16.9% to 7,971

For the month of July:

  • Median Sales Price increased 11.9% to $350,000
  • Days on Market decreased 43.6% to 22
  • Percent of Original List Price Received increased 2.1% to 102.4%
  • Months Supply of Homes For Sale decreased 26.3% to 1.4

All comparisons are to 2020

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

Filed Under: Weekly Report

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
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$ 649,900 - Eden Prairie MN 55344
6549 Cherokee Trail W
5 beds, 4 baths
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$ 649,900 - Eden Prairie MN 55347
15763 Village Woods Drive
5 beds, 4 baths
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$ 339,900 - Zimmerman MN 55398
10090 259th Avenue NW
5 beds, 2 baths
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$ 189,900 - Bloomington MN 55420
9600 Portland Avenue S
2 beds, 2 baths
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$ 215,000 - Minneapolis MN 55401
401 1st Street
0 beds, 1 baths
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$ 900,000 - Wood Lake MN 56297
1793 550th Street
9 beds, 9 baths
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$ 219,900 - Circle Pines MN 55014
109 South Drive
2 beds, 2 baths
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$ 384,900 - Minneapolis MN 55408
3443 Hennepin Avenue
3 beds, 3 baths
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$ 1,279,000 - Edina MN 55436
5320 Ayrshire Boulevard
3 beds, 3 baths
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$ 359,900 - Crystal MN 55427
6426 Markwood Drive N
3 beds, 2 baths
View Details
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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.



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