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Weekly Market Report

July 15, 2019 by Al and Patti Iverson

For Week Ending July 6, 2019

The order of the day is market balance between buyer and seller interests. While true that there may not be as many homes for sale to choose from and that prices are on the high end for the average first-time home buyer, there are considerations for sellers as well. Such as, more markets are swinging toward the back side of balance with fewer sales leading to some amount of downward price pressure from a beleaguered buyer core that is becoming less willing to overreach.

In the Twin Cities region, for the week ending July 6:

  • New Listings decreased 16.0% to 1,006
  • Pending Sales increased 11.5% to 1,187
  • Inventory increased to 12,074

For the month of June:

  • Median Sales Price increased 7.2% to $290,000
  • Days on Market increased 2.5% to 41
  • Percent of Original List Price Received decreased 0.3% to 100.0%
  • 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

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$ 615,000 - Minneapolis MN 55419
4929 Avenue S
4 beds, 3 baths
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$ 300,000 - Robbinsdale MN 55422
3232 Avenue N
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$ 1,349,000 - Minneapolis MN 55403
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$ 375,000 - Minneapolis MN 55409
4221 Avenue
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$ 288,000 - Minneapolis MN 55404
500 Street
1 beds, 1 baths
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$ 414,900 - Minneapolis MN 55405
2312 Avenue S
3 beds, 2 baths
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$ 239,900 - Bloomington MN 55420
9600 Avenue S
2 beds, 2 baths
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$ 724,900 - Saint Louis Park MN 55426
3620 Avenue S
5 beds, 4 baths
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$ 284,900 - Richfield MN 55423
6315 Avenue S
3 beds, 2 baths
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$ 329,000 - Minneapolis MN 55403
1235 Place
2 beds, 2 baths
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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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