Weekly Twin Cities Real Estate Market Activity Report

Here's this week's MAAR report:

This week's edition of the MAAR Weekly Market Activity Report features an exciting new format. We are now providing a much more readable set of graphs for new listings, pending sales and active listing inventory designed to make it easier to note important trends in the market. Additionally, our Days on Market measurement has been switched to utilize the more accurate cumulative days on market measurement, which takes into account previous listing contracts over the past twelve months. The Days on Market Until Sale for August 2007 was 135, up 25.0 percent from August of 2006.

And don't forget, our new and improved Housing Supply Outlook is now found separate from the Weekly Market Activity Report. The new format is chock-full of powerful information that tells the important stories found where price range, property type and construction status meet to create dynamic and unique submarkets. Click here for the September 2007 Housing Supply Outlook.