Weekly Housing Market Activity Report for Maple Grove

Weekly Housing Market Activity Report for Maple Grove

For Week Ending September 19, 2015

Publish Date: September 28, 2015 • All comparisons are to 2014

All roads continue to point to normal as fall is upon us. Nary a warning bell has sounded about anything beyond the typical seasonal drop-off. From the mouths of market-analyzing pundits, we are in the midst of one of the best housing markets in the last 15 years. This, of course, makes for a great autumn, along with pumpkinspiced lattes and cinnamon apple spiced tea, of course.

In the Twin Cities region, for the week ending September 19:

• New Listings decreased 0.4% to 1,613

• Pending Sales increased 18.0% to 1,090

• Inventory decreased 13.8% to 16,606

For the month of August:

• Median Sales Price increased 2.7% to $224,900

• Days on Market decreased 5.9% to 64

• Percent of Original List Price Received increased 0.8% to 97.1%

• Months Supply of Inventory decreased 21.7% to 3.6

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