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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than (companyname). are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. (companyname) is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of (companyname), a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

*Sold data is not available on any property until the sale of the property has closed and ownership has transferred. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

Open House information is subject to change without notice.
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For Week Ending January 11, 2020

Freddie Mac reported that the average 30-year fixed-rate mortgage dropped to 3.64% this week, the lowest level in three months and down from 4.45% one year ago. Additionally, conforming and FHA loan limits have increased for 2020. Increased loan limits coupled with low rates, will give more buyers the ability to purchase a wider range of properties. These changes, along with the continued strong labor market, is likely to spur buyer demand even in the face of a constrained supply of homes for sale throughout much of the country.

In the Twin Cities region, for the week ending January 11:

  • New Listings decreased 4.9% to 998
  • Pending Sales decreased 12.2% to 592
  • Inventory decreased 15.2% to 7,624

For the month of December:

  • Median Sales Price increased 8.0% to $278,600
  • Days on Market decreased 1.8% to 56
  • Percent of Original List Price Received increased 0.4% to 97.2%
  • Months Supply of Homes For Sale decreased 21.1% to 1.5

All comparisons are to 2019
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

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