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

November 12, 2020 by Zinn Family


For Week Ending October 31, 2020

The U.S. Bureau of Economic Analysis released its estimate for the country’s Q3 2020 GDP, showing the U.S. gross domestic product grew at an annualized rate of 33.1% in the third quarter, reversing much of the decline from COVID-19 seen from the second quarter. However, economists caution it may take a year or more for the gross domestic product to reach its previous highs.

In the Twin Cities region, for the week ending October 31:

  • New Listings decreased 6.4% to 1,161
  • Pending Sales increased 14.7% to 1,246
  • Inventory decreased 32.5% to 8,450

For the month of September:

  • Median Sales Price increased 10.8% to $310,000
  • Days on Market decreased 15.9% to 37
  • Percent of Original List Price Received increased 2.0% to 100.5%
  • Months Supply of Homes For Sale decreased 33.3% to 1.8

All comparisons are to 2019

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

Filed Under: 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.

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