Market

Weekly real estate update 10/8/21… reasons to buy a home this year

I did a double take this week to make sure I was entering the data correctly… new listings were exactly the same last week and this week! Pending sales were...
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Weekly real estate update 10/1/21… October is the buyer sweet spot

Listings are following their cyclical fall trend, but I read somewhere this week that active listings are at their highest point in about a year. Showing stats show that buyers...
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Weekly real estate update 9/24/21… working from home isn’t just a passing fad

It’s officially autumn, and the market is settling back into a more traditional mode. New listings are on track with last year at this time. Showings continue to track close...
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August 2021 real estate update… median sales price $350k for 3 months in a row

As you can see in the chart above, Median sales prices have been steadily climbing since 2012, and the last 12 months average 11.8% ahead of last year. Prices took...
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Weekly real estate update 9/17/21… fewer showings, more price reductions, fewer multiple offers

Showings really slowed down this past week according to stats through Wednesday, will be interesting to see how much they pop up again this next week. Coming soon listings dropped...
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Weekly real estate market update 9/10/21… will prices continue to rise in 2022?

Showings dropped this week, right on schedule for Labor Day and Back-to-School… interesting how consistently showings have been hanging below the last two years since Memorial Day after starting the...
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Weekly real estate market update 9/3/21… still far from normal

This week before Labor Day is the week that always feels to me like the final summer pause before the fall season ramps up. The atmosphere is more relaxed, as...
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Sharon and John Hensrud

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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.