Weekly real estate market update 5/27/22… number of price drops continues to increase

Weekly Market Stats 2022-05-27

As expected at the beginning of this holiday weekend, new listings dropped, coming close to the number of pending listings, and coming soon listings increased. Price drops continued to increase, it will bear looking into how those price drops are influencing pricing on new listings.

YTD Market Stats-2022-5-27

The last three years of showings appear to be converging as we approach the holiday weekend when showings can be expected to drop.

ShowingTime Stats-2022-05-25

Is rising inflation making you wonder if you should delay your plans to buy a home at this time? Take a look at the infographic below from our blog at Keeping Current Matters

Sharlene Hensrud, RE/MAX Results – shensrud@homesmsp.com


kcm-infographic-inflation

Written By

I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

Related Posts

Screen Shot

Video: Powervent water heater replacement, start to finish

🖨 Print Article I replaced my leaking powervent water heater in November of 2020, and my new one has already started leaking. I blame the water here in Maple Grove....
Insurance Rates Map 2025

Homeowners insurance rates spike up in 2025… Minnesota is #5 in the nation

🖨 Print Article According to Realtor.com, insurance rate increases this year range from 3% in Maine and Vermont to 27% in Louisiana. Minnesota increases ranked us #5 in the nation,...

Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings

Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!

This field is hidden when viewing the form

Blog Categories

Archives

Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.