Simple Real Estate - Twin Cities Simple Market Minutes - January 15, 2024

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Nick Moucha - Simple Real Estate - Keller Williams Premier Realty.

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WELCOME TO The Twin Cities Simple Market Minutes brought to you by Simple Real Estate with Keller Williams Premier Realty.

This week is Jan 15, 2024. If you’re new to Simple Market Minutes, we’re comparing numbers Friday to Friday, as the MLS changes by the minute.

This week, there are 1308 new listings on the market in the Twin Cities. This is a difference of 205 listings, or an 18% increase from last week. (MLS Market Watch - single family)

Total Homes Sold in the last week are 941, which is an increase of 129, or 16% from last week.
(MLS Market Watch - single family)

MLS 646 92 67
Address 2817 Silver Lane NE, Saint Anthony
Agent Michelle Doerrler - Coldwell Banker Realty

This Silver Lake property features stunning views, 14 foot vaulted wooden ceilings and beams, and a sauna room with easy access to the lakefront. (MLS new listings results)

Average number of Showings for a listing to get to Pending status is currently at 10, which is down from 12 at this time last year. (Infosparks)

On Friday, January 12, 2024, the national average 30-year fixed mortgage APR is 7.03%. The average 15-year fixed mortgage APR is 6.42%