Twin Cities Real Estate Market Report for April 2020
During this time of the Covid-19 pandemic we have a different set of rules we all have to live by. For now our state – as just about every other state – is largely shut down. Real Estate is considered an essential business, because people still need to have a home. So in order for you to see what is going on in the market place, I am compiling weekly stats for the time being. Normally monthly would be enough but in these uncertain times, seeing what is going on in your county week by week might give you a better overview and you can follow the market more closely which is especially important if you want to buy or sell.
If you have any questions, I am happy to help find the answers you are looking for give me a call/text at 612 345 9070.
Market Report for 3/29/20 to 4/5/20
This is the market report for Ramsey, Anoka, Hennepin and Washington County for the week of 3/29/20 to 4/5/20.
Market Update for 4/5/2020 - 4/12/2020
This is the week leading up to Easter, but all counties except for Washington county have seen more new listings coming on the market. Homes under contract has declined a little bit in all counties as well as homes sold.
Market Update for 4/12/2020 - 4/19/2020
This is the week just after the Easter celebration and we are in the midst of the corona virus pandemic, still all four counties are seeing a steady increase of new listings in this week. The number of houses under contract is a little lower, as was expected due to the Easter holiday. Closings were up again this week with all counties in higher numbers than the previous week.
Market Update for 4/19/2020 - 4/26/2020
This week we are seeing a seeing a strong increase in new listings that came on the market. Houses under contract declined a little which of course then also means that closings declined.