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Twin Cities Market Update – July 15, 2014

Friday, July 18, 2014   /   by Cristina Edelstein

Twin Cities Market Update – July 15, 2014

Twin Cities Market Update – July 15, 2014

 

Pending sales are back up and so is inventory. After a slower start to the year, the numbers are rallying a bit. However, one number not rising is the number of people filing for unemployment so that means jobless applications continued their downward trend. This could help families put away down payment funds.

 

In the Twin Cities region, for the week ending July 5:
• New Listings increased 14.8% to 1,269
• Pending Sales increased 17.4% to 1,045
• Inventory increased 7.7% to 17,587

 

 

For the month of June:
• Median Sales Price increased 4.7% to $219,900
• Days on Market decreased 6.8% to 69
• Percent of Original List Price Received decreased 0.3% to 97.2%
• Months Supply of Inventory increased 10.5% to 4.2

 

 

by 

RE/MAX Results
Kerby Skurat
1143 South Shore Dr.
Plymouth, MN 55441
612-444-1110

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kerby Skurat - Re/Max Results / WINBACK are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2021Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated October 16, 2021
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