• Skip to main content
  • Skip to footer
Web
  • Home
  • Listings
  • About
    • Mark Duevel
    • Jeff Martineau
  • Contact
    • Contact Jeff
    • Contact Mark
  • Resources
    • News
    • What Is My Home Worth.
    • Buyers Info
    • Sellers Info
Menu
  • Home
  • Listings
  • About
    • Mark Duevel
    • Jeff Martineau
  • Contact
    • Contact Jeff
    • Contact Mark
  • Resources
    • News
    • What Is My Home Worth.
    • Buyers Info
    • Sellers Info

Weekly Market Report

June 14, 2021 by Jeff Martineau

For Week Ending June 5, 2021

Fannie Mae’s new refinancing program, RefiNow™, which offers qualifying homeowners with a Fannie Mae-owned mortgage new options for refinancing their loans, officially starts on June 5th. Borrowers at or below 80% of the area’s median income may qualify for this new program, which can lower interest rates and reduce monthly payments by $50 or more. Homeowners can learn more about qualifications and their options by contacting their lender or visiting KnowYourOptions.com.

In the Twin Cities region, for the week ending June 5:

  • New Listings decreased 3.5% to 1,704
  • Pending Sales decreased 21.3% to 1,185
  • Inventory decreased 44.3% to 5,892

For the month of April:

  • Median Sales Price increased 10.2% to $336,250
  • Days on Market decreased 34.0% to 31
  • Percent of Original List Price Received increased 3.4% to 103.3%
  • Months Supply of Homes For Sale decreased 47.6% 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

Footer

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)
CB Logo
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)


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

Powered By WordPress | © 2023 Martineau-Duevel