The first week in December this year was filled with Black Friday and Cyber
Monday deals – this means more people were clamoring in line at 2:00 a.m.
waiting for a Suzie-Talks-A-Lot than were attending open houses. Seasonal trends
should be evident in a slight market slowdown, but year-over-year comparisons
will still brighten any burgeoning bah-humbuggers.

In the Twin Cities region, for the week ending December 7:

  • New Listings decreased 5.7% to 887
  • Pending Sales increased 0.9% to 751
  • Inventory decreased 5.6% to 14,043

For the month of November:

  • Median Sales Price increased 13.4% to $195,000
  • Days on Market decreased 26.5% to 75
  • Percent of Original List Price Received increased 1.3% to 95.4%
  • Months Supply of Inventory decreased 11.1% to 3.2

All comparisons are to 2012

Click here for the full Weekly Market Activity Report.From The Skinny.

Weekly Market Report

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