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: A sharp decrease in showing activity was anticipated through the Independence Day weekend, as was the case for seller activity. Overall showing activity for the Twin Cities metro area lagged behind reports from early July in 2019, down 14.6 percent on average. Listings above $300K saw increased showing interest, particularly the luxury market which saw the greatest increase, up 59.5 percent. Seller activity was down 18.3 percent on average compared to pre-COVID’s supply of new listings preceding the summer holiday. While most price categories continued to report declines in supply, listings above $500K were generally up for the past week relative to 2019. Homes priced between $150-190K saw the most noticeable decrease in new listings, down 54.2 percent. Last week’s buyer activity marginally increased from two years prior, up 1.9 percent on average. Listings above $250K saw general increases in demand while homes below this threshold saw decreased performance in accepted offers over this timeframe. The 30-Year Fixed Rate Mortgage National Average dipped just below 3.0 percent in the last 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).