Real Estate Market Insight
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 know, and can see in the market insight chart (below), 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. In the past few years we have seen a slight shift in the peak of new listings, from April (several years back) to June (in 2016). It will be interesting to see how the 2017 market plays out.
This chart is interactive, slide cursor over graph for further information.
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