Apple Valley Home For Sale

Glenn Solberg 612-723-7000

  • Home
  • Searches
    • Residential Search
    • Rental Search
    • Multi-Family Search
  • Listings
  • Resources
    • Sellers
    • Buyers
  • News
  • About
  • Contact

Weekly Market Report

June 29, 2020 by


For Week Ending June 20, 2020

Housing starts in May rose 4.3% to an annual rate of 974,000, its first increase since January and up from a five-year low of 934,000 in April. The increase was less than expected by economists but builder permits were up 14.4% for the month to 1.22 million annually, signaling higher housing starts are likely in the near future.

In the Twin Cities region, for the week ending June 20:

  • New Listings decreased 16.4% to 1,728
  • Pending Sales increased 3.4% to 1,594
  • Inventory decreased 22.8% to 9,871

For the month of May:

  • Median Sales Price increased 3.5% to $294,900
  • Days on Market decreased 8.9% to 41
  • Percent of Original List Price Received decreased 0.4% to 99.6%
  • Months Supply of Homes For Sale decreased 16.0% to 2.1

All comparisons are to 2019

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

Filed Under: Weekly Report

  • Super Agent
  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following. Follow me.

  • Facebook
  • Google+
  • Instagram
  • StumbleUpon
  • Twitter

Navigation

  • Super Agent
  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates

Keep in Touch!

Realtor & Housing

Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.