Weekly Market Activity Report For Week Ending November 25, 2017

From week to week, the tallies may vary slightly from the week prior in year-overyear
comparisons, whether with a strong positive surge or a lingering negative
streak. Tracking weekly figures is important for active real estate professionals, but
the cooldown period of a meaningful real estate trend often takes weeks, if not
months, to draw determined conclusions.

In the Twin Cities region, for the week ending November 25:
 • New Listings decreased 11.9% to 450
 • Pending Sales increased 12.7% to 702
 • Inventory decreased 21.7% to 9,878

For the month of October:
 • Median Sales Price increased 6.1% to $244,000
 • Days on Market decreased 14.8% to 52
 • Percent of Original List Price Received increased 0.8% to 97.7%
 • Months Supply of Homes For Sale decreased 14.8% to 2.3

Information Gathered from MAAR
Publish Date: December 4, 2017 • All comparisons are to 2016