Weekly Housing Market Activity Report for Maple Grove

Weekly Housing Market Activity Report for Maple Grove

For Week Ending November 8, 2014
Publish Date: November 17, 2014 • All comparisons are to 2013

As fall finally goes dim, winter emerges as the prevailing wind through the
marketplace. While optimism serves as a white rose through this phase, moderate
unemployment rates have given pause to overabundant optimism. All the same,
the desire for homeownership remains high among those willing to absorb some
risk while attracting enthusiasm.

In the Twin Cities region, for the week ending November 8:
• New Listings decreased 2.8% to 1,104
• Pending Sales increased 2.0% to 826
• Inventory increased 4.1% to 16,972

For the month of October:
• Median Sales Price increased 6.7% to $208,000
• Days on Market decreased 4.0% to 72
• Percent of Original List Price Received decreased 0.6% to 95.2%
• Months Supply of Inventory increased 13.5% to 4.2

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