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Weekly Market Report

July 6, 2021 by Jeff Martineau

For Week Ending June 26, 2021

The U.S. Department of Labor reported unemployment claims fell to 364,000 for the week ending June 26, down 51,000 from the previous week’s revised total and the lowest level for initial jobless claims since the pandemic began. Nationwide, the existing-home median sales price set a new record high of $350,300, a 23.6% year-over-year increase, according to the National Association of REALTORS®. Some economists are predicting an increased supply of homes for sale in coming months, which may help to moderate home price increases later in the year.

In the Twin Cities region, for the week ending June 26:

  • New Listings increased 5.4% to 1,827
  • Pending Sales decreased 3.9% to 1,598
  • Inventory decreased 34.2% to 6,898

For the month of April:

  • Median Sales Price increased 16.6% to $344,000
  • Days on Market decreased 41.5% to 24
  • Percent of Original List Price Received increased 4.4% to 104.0%
  • Months Supply of Homes For Sale decreased 50.0% to 1.1

All comparisons are to 2020

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Weekly Report

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Mark J Duevel
Coldwell Banker Realty
Wayzata Office
235 Lake Street East, Suite 100
Wayzata, MN 55391-1774

952.473.3000 (Office )
612.963.7128 (Mobile)
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Jeff L Martineau
Coldwell Banker Realty
Wayzata Office
235 Lake Street East, Suite 100
Wayzata, MN 55391-1774

952.473.3000 (Office )
952.210.2626 (Mobile)


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All information deemed reliable but not guaranteed and should be independently verified.

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