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 compared to 2019
Weekly insight: Showing activity took a dip from recent weeks, but remains above activity from last year. Last week’s listings between $250-300K held the largest share of showing activity, at 21.9 percent. Homes listed in the $300K price range were shown almost twice as much compared to the same week in 2019. Seller activity overall was down 29.0 percent compared to two years prior. New listings in the $150-190K price range saw the greatest relative decrease in that time, a 69.4 percent drop. Meanwhile, buyer activity remained generally level with its pre-COVID comparison year. Pending sales in price ranges above $500K saw the greatest growth relative to the same time in 2019. The 30-Year Fixed Rate Mortgage averages around 2.9 percent in the past week.
Join MAR’s Director of Research, David Arbit, for a free monthly presentation and discussion on the Twin Cities real estate market Thursday, May 20, 2021 (2:00 PM to 3:00 PM).