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Weekly Market and Showing Activity – 2020-12-14 Tags: Market DataWeekly Market Activity Reports

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.

Weekly insight: For most of November, the 2020 showings trend had converged with year-ago levels. In December, however, the showings trend has diverged and is once again above 2019 levels. Infosparks shows a roughly 14.0 percent year-over-year increase in accepted offers (pending sales) for November, which is down from 20.0 – 30.0 percent year-over-year gains for the prior three months. Speaking of sales volume, it’s likely that total 2020 closed sales will surpass all prior years going back to 2003. What a year!

Join MAR’s Director of Research and Economics, David Arbit, for a free monthly presentation and discussion on the Twin Cities real estate market Thursday, December 17, 2020 (2:00 PM to 3:00 PM).