The document provides market statistics for Savage, Minnesota for March 2019. New listings increased 8.1% while closed sales decreased 7%. The median sales price rose 13.7% to $335,500. Inventory of homes for sale declined 14.7% while months of supply decreased 11.5%.
The document provides market statistics for Savage, Minnesota for March 2019. New listings increased 8.1% while closed sales decreased 7%. The median sales price rose 13.7% to $335,500. Inventory of homes for sale declined 14.7% while months of supply decreased 11.5%.
Original Description:
Market report for month of March with running annual totals and comparison to last year
The document provides market statistics for Savage, Minnesota for March 2019. New listings increased 8.1% while closed sales decreased 7%. The median sales price rose 13.7% to $335,500. Inventory of homes for sale declined 14.7% while months of supply decreased 11.5%.
The document provides market statistics for Savage, Minnesota for March 2019. New listings increased 8.1% while closed sales decreased 7%. The median sales price rose 13.7% to $335,500. Inventory of homes for sale declined 14.7% while months of supply decreased 11.5%.
A RESEARCH TOOL PROVIDED BY MINNEAPOLIS AREA REALTORS®
+ 8.1% - 7.0% + 13.7%
Change in Change in Change in
Savage New Listings Closed Sales Median Sales Price
March Rolling 12 Months
2018 2019 +/– 2018 2019 +/– New Listings 74 80 + 8.1% 875 842 -3.8% Closed Sales 43 40 -7.0% 629 615 -2.2% Median Sales Price* $295,000 $335,500 + 13.7% $290,000 $320,000 + 10.3% Average Sales Price* $325,894 $332,060 + 1.9% $305,510 $330,982 + 8.3% Price Per Square Foot* $137 $142 + 3.9% $132 $141 + 6.9% Percent of Original List Price Received* 99.8% 99.0% -0.8% 99.2% 98.9% -0.3% Days on Market Until Sale 67 75 + 11.9% 49 49 0.0% Inventory of Homes for Sale 136 116 -14.7% -- -- -- Months Supply of Inventory 2.6 2.3 -11.5% -- -- -- * Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
2018 2019 2018 2019
March Rolling 12 Months 80 875 842 74 629 615 43 40
+ 8.1% -7.0% -3.8% -2.2%
New Listings Closed Sales New Listings Closed Sales
Change in Median Sales Price from Prior Year (6-Month Average)** 16-County Twin Cities Region b Savage a + 20%
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
Current as of April 8, 2019. All data from NorthstarMLS. | Powered by ShowingTime.
