Weekly real estate market update 3/1/24… new listings are climbing

New listings continue to climb, on track with typical seasonal trends… ahead of last year, this week’s new listings are almost identical to what they were in 2022.

This year’s showings are right on track with previous years, tangled in the web of showing stats… except for last year’s dip due to the second-largest February snowstorm on record, dropping 13.4 inches of snow at the MSP airport. This year we have had record high temperatures, with 60 degrees the last Monday in February!

New listings are the highest since last October… good news giving buyers more options.

If you are seriously thinking about buying, your first step is getting pre-approved for a mortgage. You can’t make an offer to buy a home without it in our market.

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

Infographic from our blog at Keeping Current Matters

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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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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.