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.
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