Simple Real Estate - Twin Cities Simple Market Minutes - January 29, 2024

Can I get you more specific data?
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 29, 2024. If you’re new to Simple Market Minutes, we’re comparing numbers week to week, as the MLS changes by the minute. What we pull is a snapshot in time, and it’s while it’s best to review month to month as a whole after they are complete, who wants to wait for that? Not me! Let’s jump into it!

This week, there are 1073 new listings on the market in the Twin Cities. This is a difference of 235 listings, or an 18% decrease from two weeks ago. (MLS Market Watch - single family)

Total Homes Sold in the last week are 757, which is a decrease of 184, or 20% from 2 weeks ago.
(MLS Market Watch - single family)

MLS 647 70 36
Address 4609 Park Avenue, Minneapolis
Agent Shae Hansen - Keller Williams Integrity Lakes

This Field neighborhood home is fully updated inside with colorful accents, timeless style, and an incredible location close to dining and shopping. (MLS new listings results)

Current # of days on market is at 18 days, which is up from 14 days at this time last year. (Infosparks)

On Saturday, January 27, 2024, the national average 30-year fixed mortgage APR is 7.01%. The average 15-year fixed mortgage APR is 6.53%