Weekly real estate market update 10/27/23 – new listings and price changes are tied

New listings and price changes are about the same this week as are homes back on the market and coming soon. I wouldn’t be surprised if pretty soon there are more price changes than new listings. Fewer pending sales also means less competition and fewer multiple offers. Hint, hint… this is a good time for buyers if you can find a house you want.

Showings continue to be on pace with 2021, following the same trajectory as the last three years. Weekly new, pending and coming soon listings are very close to last year.

There is so much talk floating around about the real estate market… what is fake news and what is fact? The infographic below from our blog at Keeping Current Matters unmasks some of the scary myths about today’s housing market.

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

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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.

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