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

September 14, 2020 by


For Week Ending September 5, 2020

Strong buyer activity continues into the back-to-school season that normally signals the seasonal slowing of the housing market. With more buyers in the market and the continued constrained supply of homes for sale, speedy sales and multiple offers are likely to remain a common occurrence and will keep agents and prospective homebuyers and sellers quite busy this fall.

In the Twin Cities region, for the week ending September 5:

  • New Listings decreased 3.4% to 1,669
  • Pending Sales increased 40.3% to 1,601
  • Inventory decreased 30.2% to 8,942

For the month of July:

  • Median Sales Price increased 10.6% to $313,000
  • Days on Market increased 7.9% to 41
  • Percent of Original List Price Received increased 0.5% to 100.1%
  • Months Supply of Homes For Sale decreased 23.1% to 2.0

All comparisons are to 2019

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

Filed Under: Inventory

  • 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.