Market

Weekly real estate update 6/16/23… your needs are more important than today’s interest rates

New listings slumped a bit this week while everything else increased. Price changes and multiple offers are on the rise… a cautionary tale if you are waiting for price to...
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May real estate market update… multiple offers and percent over list price increase

With a continued shortage of inventory, multiple offers and resulting sales prices over list price are on the rise again… not at the levels of the Unicorn Years (2021-2022) but...
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Weekly real estate market update 6/9/23… now is the foundationally strongest real estate market of our lifetime

Showings are strong… the highest they have been at this time of the year since the pandemic. Buyers are looking for homes to buy. Coming soon listings have dropped as...
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58 showings the first day… I think buyers are still looking!!!

When I arrived at 8:00 am to meet my buyers for a showing of a new listing recently, cars were lining both sides of the street… it looked like an...
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Weekly real estate market update 6/2/23… the unicorn years have galloped off

We are settling into summer mode between holidays, with fluctuating ups and downs hanging below the last two ‘unicorn’ years. Everything slumped this week except new listings, which bumped up...
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Weekly real estate market update 5/26/23… showings are strong

It does my heart good to see showings continue to be strong, higher than the last three years… in spite of the fact that new listings dropped… or is it...
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Weekly real estate market update 5/19/23 – the impact of changing mortgage rates

New listings continue to increase. So do price reductions, as multiple offers and pending sales slow a bit. We had three offers on a new listing last weekend. Still multiple...
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April 2023 real estate market update… year over year median home sales price drops 0.7%

Last month median home sales price was $355,000, about the same as the previous year. This month, April median home sales price was $367,500… 0.7% below last April median home...
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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.