July 15th, 2008 categories: Real Estate
Our updated Twin Cities Market Report suggests that things are getting a little better out there. For graphs and charts of the key statistics, click the PDF link at the bottom of the post.
Prospective homeowners appear to have celebrated our Independence holiday by buying a home. For the week ending July 5, there were 735 signed purchase agreements (pending sales), up 7.3 percent from the same week one year ago. New listings increased by 2.5 percent for the same time period comparison but took the expected dive from one week prior due to the 4th of July holiday.
Days on Market Until Sale fell from last month to 147 but is still 13.1 percent higher than a year ago, and the Percent of Original List Price Received at Sale increased to 92.8 percent. Both changes are Read the rest of this entry »
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