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Weekly Market Report

September 16, 2019 by Al and Patti Iverson

For Week Ending September 7, 2019

The White House has released a plan to broadly overhaul the housing finance system, including the re-privatization of Fannie Mae and Freddie Mac and reforms to federal agencies involved with financing substantial portions of the mortgages made every year. These changes will affect the cost and availability of loans in the future. Many recommendations will require legislative approval, so it is unclear at this time how much of the plan may eventually be implemented and its ultimate impact on the housing market.

In the Twin Cities region, for the week ending September 7:

  • New Listings decreased 3.8% to 1,691
  • Pending Sales increased 5.3% to 1,113
  • Inventory decreased 4.5% to 12,224

For the month of August:

  • Median Sales Price increased 6.7% to $286,000
  • Days on Market increased 2.5% to 41
  • Percent of Original List Price Received decreased 0.2% to 99.0%
  • Months Supply of Homes For Sale decreased 3.8% to 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
4 beds, 3 baths
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$ 1,349,000 - Minneapolis MN 55403
915 Parkway
4 beds, 5 baths
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$ 375,000 - Minneapolis MN 55409
4221 Avenue
3 beds, 2 baths
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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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