Hello stats fans and data lovers near and far. These special weekly market updates put buyer and seller activity in context and capture any market shifts. They feature all the charts and data you’ve come to love, including showings by price point. Don’t forget to check out our regular Weekly Market Activity Report. Once you’ve logged in to Northstar, Infosparks is also an excellent resource for custom market research and data.

In the meantime, check out the latest showings numbers and market indicators.

Weekly insight:  Buyers once again took advantage of the wonderful weather and pushed showing activity to new highs. Recent showing activity over the last week has nearly eclipsed the peak from 2019, which didn’t occur until early May. Market activity continues to skew toward the upper price brackets. Showings rose the most on listings over $600K. The only segment with fewer showings is the under $250K bracket. To the dismay of buyers, seller activity remains subdued, with frustratingly few new listings entering the market. Rates on a 30-year fixed mortgage crept up slightly to around 3.05 percent, which is just a hair above the 50+ year low of 2.65 percent and well below the 50-year average rate of about 8.0 percent.

Join MAR’s Director of Research and Economics, David Arbit, for a free monthly presentation and discussion on the Twin Cities real estate market Thursday, March 18, 2021 (2:00 PM to 3:00 PM).