Carl Zinn

Zinn Family REALTORS®

Site logo-1
Site logo-2
CB logo
  • Home
  • Properties
    • Our Listings
    • Recent Zinn Sales
  • Search
  • Resources
    • For Sellers
    • For Buyers
  • News
    • Weekly Reports
    • Local Market Updates
  • The Zinn Team
  • Testimonials
  • Contact

Weekly Market Report

January 11, 2021 by Zinn Family

For Week Ending January 2, 2021

The New Year has begun and with it, many buyers and sellers have a change of housing in their new year resolutions. While ongoing unemployment claims are still elevated, it is less than one quarter of what it was at its high during the early days of the pandemic. With interest rates remaining near record lows, the stock market near record highs, and inventory of homes available still constrained in most segments of the market, the year is setting up to be another filled with strong demand and limited supply.

In the Twin Cities region, for the week ending January 2:

  • New Listings decreased 25.8% to 519
  • Pending Sales increased 17.0% to 653
  • Inventory decreased 38.1% to 5,511

For the month of November:

  • Median Sales Price increased 10.7% to $310,000
  • Days on Market decreased 33.3% to 34
  • Percent of Original List Price Received increased 2.8% to 100.2%
  • Months Supply of Homes For Sale decreased 40.9% to 1.3

All comparisons are to 2020

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

Filed Under: MA, Weekly Report

FOLLOW US

  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Testimonials

Working with the Zinn Family Realtors was a wonderful experience. You have a whole team of people helping… Read more “– Abby W.”

- Abby W.

Carl Zinn and his family listed and sold our home in the fall of 2018. They were extremely… Read more “– Kerry N.”

- Kerry N.

Carl and his family are extremely knowledgeable about Christmas Lake and have sold many of the homes there.… Read more “– Harley F.”

- Harley F.

Very knowledgeable, professional and great to work with. Always prepared home nice for showing and communicated well. Would… Read more “– Steve S.”

- Steve S.

At the outset, I have to say I think most realtors don’t deserve a commission. The Zinn family… Read more “– Thomas Schmidt”

- Thomas Schmidt

The Zinn Family Realtors are the best choice for Lake Minnetonka area home sellers. Their local market expertise… Read more “– Peter G.”

- Peter G.

The Zinn family is The Best In Class team of professional Realtors that sold our home in the… Read more “– Jodie, Terry and Hunter”

- Jodie, Terry and Hunter

he Zinn Family Realtors CB are a wonderful agents. Carl Zinn and his wife Ali helped us buy… Read more “– Sally W.”

- Sally W.

We’ve used Zinn Family Realtors twice, eight years apart. In the intervening time many friends and neighbors did… Read more “– Andrew H.”

- Andrew H.
  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Local Market Updates
  • Area Links

Follow us!

  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Contact us!

Phone: 952.474.4444

Email: jenny.zinn@cbburnet.com

Zinn Family Realtors

Coldwell Banker Burnet

19400 Highway 7

Excelsior MN 55331

Keep in Touch!

Realtor & Housing

Licensed In Minnesota

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


Copyright © 2021 | MSLLC