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: Aside from elevated buyer activity, a few other recent trends are noteworthy. Market activity continues to move away from the most affordable segments but is rising in the luxury-oriented segments. Starting in June 2020, showing activity hovered above 2019 levels. As the year wrapped up, however, showing activity was fairly comparable. The segment with the largest increase in showing activity was $1M+. Recently, our pending sales to new listings ratio shows that buyer activity was 180.0 percent of (or 80.0 percent higher than) seller activity.
Keep calm and watch the data. Happy New 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, January 21, 2021 (2:00 PM to 3:00 PM).