Martineau - Duevel

  • Search
  • Listings
  • Sales
  • Resources
    • Sellers
    • Buyers
  • About
    • Mark Duevel
    • Jeff Martineau
  • Contact
    • Contact Jeff
    • Contact Mark
CB Logo CB Logo

Weekly Market Report

October 30, 2023 by Martineau Duevel

For Week Ending October 21, 2023

Annual U.S. single-family rent growth fell to 2.9% in August, marking the 16th consecutive month of declines, according to Corelogic’s most recent Single-Family Rent Index (SFRI). Although rent growth continues to moderate, single-family rents have increased by 30% nationwide since February 2020 and renters are feeling the effects, with the average American renter household spending about 40% of its income on housing costs as of last measure.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 21:

  • New Listings increased 3.2% to 1,160
  • Pending Sales decreased 10.8% to 762
  • Inventory decreased 7.5% to 8,839

FOR THE MONTH OF SEPTEMBER:

  • Median Sales Price increased 2.4% to $371,000
  • Days on Market increased 6.3% to 34
  • Percent of Original List Price Received increased 0.4% to 99.3%
  • Months Supply of Homes For Sale increased 20.0% to 2.4

All comparisons are to 2022

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

Filed Under: Weekly Report

Recent Posts

  • Existing Home Sales
  • New Listings and Pending Sales
  • Inventory
  • Weekly Market Report
  • New Listings and Pending Sales
Mark J Duevel

Coldwell Banker Realty

Wayzata Office

235 Lake Street East, Suite 100

Wayzata, MN 55391-1774


952.473.3000 (Office )

612.963.7128 (Mobile)

CB Logo
Jeff L Martineau

Coldwell Banker Realty

Wayzata Office

235 Lake Street East, Suite 100

Wayzata, MN 55391-1774


952.473.3000 (Office )

952.210.2626 (Mobile)

MSLLC Base

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following.
Follow me.

Navigation

  • Calculators
  • Finding A Loan Officer
  • Mortgage Glossary
  • The Loan Process
  • Metro Markets
  • Communities
  • Schools

Let’s stay in touch…

Realtor & Housing
Licensed In Minnesota

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

By searching you agree to the end user license agreement.

DMCA Copyright Notice.

Copyright © 2025 | MSLLC

  • Search
  • Listings
  • Sales
  • Resources
    • Sellers
    • Buyers
  • About
    • Mark Duevel
    • Jeff Martineau
  • Contact
    • Contact Jeff
    • Contact Mark