MAR will be closed on Wednesday, 6/19 in honor of Juneteenth. Regular hours and service will resume Thursday, 6/20.
News
Weekly Market Activity Report for Week Ending February 3 Tags: Market DataWeekly Market Activity Reports

U.S. single-family rent growth was up 2.7% year-over-year as of last measure, according to Corelogic’s January 2024 U.S. Single-Family Rent Index, keeping in line with the annual rate of growth recorded prior to the pandemic. Attached singlefamily rents increased 3.3% year-over-year, while detached single-family rents rose 2.3%. Nationally, rent growth was highest in the lower-priced rental tiers, climbing 2.9% year-over-year.

In the Twin Cities region, for the week ending February 3:

• New Listings increased 17.9% to 942
• Pending Sales increased 4.2% to 720
• Inventory increased 2.6% to 6,446

For the month of December:

• Median Sales Price increased 1.4% to $353,900
• Days on Market increased 2.0% to 51
• Percent of Original List Price Received increased 0.4% to 96.7%
• Months Supply of Homes For Sale increased 20.0% to 1.8

FULL REPORT