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Weekly Market Report

April 11, 2022 by Al and Patti Iverson

For Week Ending April 2, 2022

The median national home price recently hit a new all-time high of $405,000 in March, a 13.5% increase annually, according to Realtor.com’s latest Monthly Housing Trends Report. As home prices continue to rise, the share of homes experiencing price reductions has also grown, with 25 of the 50 largest metro areas reporting an increase in price reductions last month, up from 18 in February, which may be an early sign the housing market is moderating somewhat.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING APRIL 2:

  • New Listings increased 0.2% to 1,500
  • Pending Sales decreased 11.4% to 1,238
  • Inventory decreased 11.8% to 4,986

FOR THE MONTH OF FEBRUARY:

  • Median Sales Price increased 8.3% to $340,000
  • Days on Market decreased 4.3% to 44
  • Percent of Original List Price Received increased 0.7% to 100.8%
  • Months Supply of Homes For Sale decreased 10.0% to 0.9

All comparisons are to 2021

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

Filed Under: Weekly Report

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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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$ 3,600,000 - Medina MN 55356
2455 County Road 24
6 beds, 8 baths
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$ 1,279,000 - Edina MN 55436
5320 Ayrshire Boulevard
3 beds, 3 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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