Market Insight | Minneapolis-Downtown
Posted by Chad Larsen on
The Spring Selling Season: New Listings by Month
The Twin Cities Spring real estate market is a bit of a chicken and egg question. Do the buyers come out first, then the sellers respond by putting their homes on the market? Or, do the sellers put their homes on the market drawing out buyers? What we've seen as a general trend in the Twin Cities, is; over the years, there has been a reliable pattern that sellers begin to put homes on the market in February, after the Super Bowl. From there, the numbers of new listings per month continues to rise. It will be interesting to see how the 2017 market plays out.
Looking at the chart below, the market saw a peak of new listings in April of 2016 with the highest level of new inventory posted during that…
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