Barb Duthler

612-558-1084

MENUMENU
  • Home
  • Search
  • Listings
  • Resources
    • Sellers
    • Buyers
    • HPLD Association News
    • Hale Elementary School
    • Lake Nokomis
  • About Barb
  • Contact
  • Reviews

Weekly Market Report

May 18, 2020 by Barb Duthler


For Week Ending May 9, 2020

This week ATTOM Data Solutions released their Q1 2020 U.S. Home Equity and Underwater Report, showing that just over one in four homeowners have at least 50% equity in their homes. The Mortgage Bankers Association reported that mortgage applications were up again last week, which is further sign of strengthing buyer interest as much of the country sees a gradual softening of stay-at-home orders due to COVID-19.

In the Twin Cities region, for the week ending May 9:

  • New Listings decreased 17.3% to 1,727
  • Pending Sales decreased 22.6% to 1,232
  • Inventory decreased 13.5% to 9,550

For the month of April:

  • Median Sales Price increased 8.9% to $305,000
  • Days on Market decreased 17.5% to 47
  • Percent of Original List Price Received increased 0.5% to 99.9%
  • Months Supply of Homes For Sale decreased 13.6% to 1.9

All comparisons are to 2019

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Weekly Report

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Metro Markets
  • Communities
  • Schools
Barb Duthler

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following. Follow me.

  • Facebook
  • Instagram
  • Twitter

Navigation

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Metro Markets
  • Communities
  • Schools

Keep in Touch!

Copyright © 2019 | MSLLC.