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 6, 2019 by Al and Patti Iverson

For Week Ending July 27, 2019

As we await July results, the June numbers and preliminary July indicators suggest that current trends in most real estate markets are likely to continue. Mid-to-lower priced segments continue to experience imbalances favoring sellers, leading to steady year-over-year increases in price, outpacing inflation in many markets. Although the Fed rate decrease dominated the news this week, industry experts seem to agree this event by itself is unlikely to have much effect on mortgage rates and real estate markets, at least in the short term.

In the Twin Cities region, for the week ending July 27:

  • New Listings decreased 4.7% to 1,736
  • Pending Sales decreased 4.9% to 1,364
  • Inventory decreased 3.0% to 12,236

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 increased 4.0% to 2.6

All comparisons are to 2018

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

Filed Under: New Listings and Pendings

  • Log In | Log Out
  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Area Links
$ 1,349,000 - Minneapolis MN 55403
915 Parkway
4 beds, 5 baths
View Details
$ 375,000 - Minneapolis MN 55409
4221 Avenue
3 beds, 2 baths
View Details
$ 288,000 - Minneapolis MN 55404
500 Street
1 beds, 1 baths
View Details
$ 414,900 - Minneapolis MN 55405
2312 Avenue S
3 beds, 2 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
$ 284,900 - Richfield MN 55423
6315 Avenue S
3 beds, 2 baths
View Details
$ 329,000 - Minneapolis MN 55403
1235 Place
2 beds, 2 baths
View Details
$ 349,900 - Minneapolis MN 55401
401 Street
2 beds, 1 baths
View Details
$ 279,900 - Saint Paul MN 55105
1755 Avenue
2 beds, 1 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