New and coming soon listings are declining this week, as I expect will continue as we move into the July 4th holiday season. Pending sales and price changes flipped, as...Read More
In May 2024 Twin Cities inventory of homes for sale rose 15.7% over May 2023, to 8,614 homes for sale. But months supply of inventory rose even more… a 21.1%...Read More
Price changes are increasing as other stats trend down… Showings continue to hang below 2023, as they have for the last couple months… And new listings continue to be higher...Read More
New listings jumped up again this week after the Memorial Day holiday… not this high since June and July 2022. Price changes and pending sales are also up… multiple offers...Read More
When new listings dip as they have this week it can be a concern whether the supply of homes for sale will drop as well, especially when accompanied by a...Read More
New listings continue to increase and coming soon listings also increased again this week… good news for weeks to come. Transactions that fall through and come back on the market...Read More
Median sale price in April 2024 hit a new peak, even higher than highest sale prices in June (typically the yearly peak) of the last two years. The flip side...Read More
When I look at the stats this week what stands out to me is the steady increase in price changes… now close to pending sales, which have been relatively steady....Read More
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