Market activity down as buyers anticipate lower rates New listings down 4 . 8 % ; pending sales fell 10.2% The median sales price increased 1 . 7 % to $352,000 The average market time rose 18 . 8 % t o 38 days on market ( ...
Listings up but sales down, lower rates likely to boost activity New listings up 5 . 4 % ; pending sales fell 5 . 4 % The median sales price increased 4 . 1 % to about $3 5 4 , 0 0 0 The average market time rose 20 . 7 % to ...
(Aug. 22, 2024)— Minnesota Realtors® is proud to announce the receipt of a $1 million grant from the Realtors® Relief Foundation (RRF) in response to the recent flooding that has affected communities across the state. This funding will provide up to $1,000 per household to any Minnesotan forced...
Prices reach record highs despite more supply and lower affordability New listings down 9 . 2 % ; pending sales fell 13 . 2 % The median sales price increased 1 . 4 % to $3 5 5 , 0 0 0 The average market time rose 10 % to ...
Spring market is in full swing, thanks to higher sales and more listings New listings up 7 . 3 % ; pending sales rose 1 1 . 0 % The median sales price increased 4 . 7 % to $3 35 , 0 0 0 The average market time was...
Buyers finding more choices amid ongoing signs of recovery New listings up 34 . 8 % ; pending sales rose 12 . 6 % The median sales price increased 4 . 4 % to $3 29 , 0 0 0 Closed sales up 11.5% to 3,586 ( Mar . 1 8 , 202 4...
Year off to promising start with gains in listings and sales New listings up 17 . 9 % ; pending sales rose 7 . 7% Closed sales up 7.9% , marking first YOY increase since June 2021 The median sales price increased 3 . 0 % to $3 15 , 0 0 ...
In 2023, h igh er interest rates continued to weigh on market activit y , yet prices are s till up 2 3 -year high mortgage rates and rising prices increased monthly housing costs and slowed buyer activity Minneapolis –Saint Paul ,...
MINNEAPOLIS , Jan . 16, 2023 — The 2023 housing market closed the year on a high note , as mortgage rates dropped below 7% in late December and new listings rose by 12 % , the third consecutive month of in cre a ses . As of this week, 30-year fixed...
With a shared commitment to providing the tools and information Realtors ® need to successfully run their businesses and optimize the ways they serve consumers, NorthstarMLS ® and Minnesota Realtors® (MNR) are pleased to offer RealEstateNews.com to industry professionals who...