MAR will be closed on Monday, May 27 in honor of Memorial Day. Regular hours and service will resume Tuesday, May 28.
Weekly Market Activity Report for Week Ending January 29 Tags: Market DataWeekly Market Activity Reports

Home seller profits increased in more than 90% of housing markets last year, the highest level since 2008, according to ATTOM Data Solutions’ Year-End 2021 U.S. Home Sales Report. On average, sellers saw a profit of $94,092 on a typical medianpriced home in 2021, an increase of 45% from 2020 and up 71% from 2019. Sellers saw a 45.3% return on investment compared to the original purchase price, with the highest profits found among sellers in western states.

In the Twin Cities region, for the week ending January 29:

• New Listings decreased 17.8% to 850
• Pending Sales decreased 12.8% to 826
• Inventory decreased 21.2% to 4,432

For the month of December:

• Median Sales Price increased 7.9% to $331,270
• Days on Market decreased 12.8% to 34
• Percent of Original List Price Received decreased 0.2% to 99.5%
• Months Supply of Homes For Sale decreased 18.2% to 0.9