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: Overall showing activity from last week has been trending upwards, but was down 4.3 percent compared to mid-June of 2019. Listings priced below $300K saw decreased interest within this timeframe, while listings between $500-800K grew most in showing activity, up 66.0 percent. Homes priced at $250K held the largest share of showing activity once again, but buyer interest seems to be more evenly spread across priced ranges compared to 2019. Two years ago, the largest market share of showing activity was regularly held by homes priced below $200K. Seller activity has been variable in recent weeks, but recently began trending upwards. Although last week’s supply of new listings was down 16.6 percent compared to 2019, listings above $350K reported a general increase in supply. Homes priced between $750K-$1M improved best, up 14.0 percent in comparison to pre-COVID supply. Although buyer activity has been trending upward since Memorial Day, this past week’s numbers were down 8.0 percent relative to 2019. Broken down by price, change in demand from buyers continued to show two different stories; increased demand for homes priced above $350K and decreased interest in homes below $250K. The 30-Year Fixed Rate Mortgage in the United States averaged just below 3.0 percent over the past week.

Join MAR for a free monthly presentation and discussion on the Twin Cities real estate market Thursday, July 15, 2021 (2:00 PM to 3:00 PM).