Carl Zinn

Zinn Family REALTORS®

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Weekly Market Report

January 4, 2021 by Zinn Family

For Week Ending December 26, 2020

As we near the end of the year, overall real estate activity slows as many buyers and sellers briefly turn their focus from real estate to the holidays, family, and friends. With mortgage rates closing the year at near record lows, and almost one percent lower than a year ago, home purchase mortgage loan application volume remains high and continues to signal strong buyer demand going into the new year.

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

  • New Listings increased 22.0% to 338
  • Pending Sales increased 17.0% to 593
  • Inventory decreased 37.9% to 5,777

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 2019

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

Filed Under: Inventory, RSS

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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.
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Contact us!

Phone: 952.474.4444

Email: jenny.zinn@cbburnet.com

Zinn Family Realtors

Coldwell Banker Burnet

19400 Highway 7

Excelsior MN 55331

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Realtor & Housing

Licensed In Minnesota

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


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