Weekly Market Activity Report
For Week Ending November 9, 2013
Publish Date: November 18, 2013 • All comparisons are to 2012
Fewer people are out scouting homes now that they're scouting for the perfect bird for their Thanksgiving feast. Weekly and monthly seller and buyer activity may beslowing in comparison to last reporting period, but overall markets still show signsof stable recovery. By and large, expect the end of 2013 to look just as juicy andgolden as your bird is soon to be.
In the Twin Cities region, for the week ending November 9:
• New Listings increased 11.4% to 1,132
• Pending Sales decreased 3.1% to 819
• Inventory decreased 3.2% to 15,517
For the month of October:
• Median Sales Price increased 11.4% to $195,000
• Days on Market decreased 27.2% to 75
• Percent of Original List Price Received increased 1.4% to 95.8%
• Months Supply of Inventory decreased 12.5% to 3.5
www.BradAndersonHomes.com
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