Hi,

In the Twin Cities region, for the week ending January 4:

• New Listings decreased 18.7% to 678

• Pending Sales decreased 12.4% to 507

• Inventory decreased 4.9% to 12,368

For the month of December

• Median Sales Price increased 13.7% to $191,000

• Days on Market decreased 20.4% to 86

• Percent of Original List Price Received increased 0.9% to 94.6%

• Month’s Supply of Inventory decreased 15.6% to 2.7

You may also find it useful to explore MAAR's interactive market analytics tool, The Thing, and read MAAR's blog, The Skinny.

Ever wonder if Don knows what he’s talking about?

1/13/14:

GSE Forecasts 'Continued but Measured Housing Recovery' in 2014

Take care,

Don Mailey

RE/MAX Results