Weekly Housing Market Activity Report for the Twin Cities

Weekly Housing Market Activity Report for the Twin Cities

For Week Ending January 29, 2022 Quick Facts
Publish Date: February 7, 2022 • All comparisons are to 2021

highest level since 2008, according to ATTOM Data Solutions’ Year-End 2021 U.S.
Home Sales Report. On average, sellers saw a profit of $94,092 on a typical medianpriced home in 2021, an increase of 45% from 2020 and up 71% from 2019. Sellers
saw a 45.3% return on investment compared to the original purchase price, with
the highest profits found among sellers in western states.
In the Twin Cities region, for the week ending January 29:
• New Listings decreased 17.8% to 850
• Pending Sales decreased 12.8% to 826
• Inventory decreased 21.2% to 4,432
For the month of December:
• Median Sales Price increased 7.9% to $331,270
• Days on Market decreased 12.8% to 34
• Percent of Original List Price Received decreased 0.2% to 99.5%
• Months Supply of Homes For Sale decreased 18.2% to 0.9