Weekly real estate market update 9/6/24… early predictions for 2025

New listings are hovering ahead of last year, but on a similar path… same with pending and coming soon listings.

When new listings increase, coming soon listings decrease… and when pending sales slow so do multiple offers, now back to the competition level in January 2024 and a good sign for buyers.

Showings are hanging below previous years, as many buyers are in ‘wait and see’ mode.

Wondering where the market is going and what next year will bring? Check out the infographic below from our blog at Keeping Current Matters for opinions from multiple sources.

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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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.