Mark Behlen

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Weekly Market Report

December 19, 2023 by Mark Behlen

For Week Ending December 9, 2023

Nationally, the number of homes actively for sale remained mostly stable in November, climbing 0.7% year-over-year and 2.4% from the previous month, according to Realtor.com’s November 2023 Monthly Housing Market Trends Report. In addition, the number of newly listed homes for sale rose 7.5% year-over-year, snapping a 17-month streak in which listing activity declined, with an annual increase of 3% reported in the nation’s 50 largest metropolitan areas.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECEMBER 9:

  • New Listings increased 5.9% to 733
  • Pending Sales increased 5.1% to 633
  • Inventory decreased 4.7% to 7,712

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.2% to $362,600
  • Days on Market remained flat at 40
  • Percent of Original List Price Received increased 0.2% to 97.4%
  • Months Supply of Homes For Sale increased 10.5% to 2.1

All comparisons are to 2022

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

Filed Under: Inventory

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    • Townhomes For Sale
    • Search
    • Market Trends
      • Closing Chart
      • Pending Chart
      • Supply Chart
      • Inventory Chart
      • DOM Chart
      • DOM Residential by Price Chart
      • DOM TH Chart
      • DOM TH by City Chart
      • DOM TH by Metro-City Chart
      • DOM Metro Chart
      • DOM Metro Chart All
    • Resources
      • Sellers
      • Buyers
    • Contact
    • Logan
    • Brookside