Published April 1, 2023
Is it a good time to buy or sell a home in the Twin Cities?

The Market Meter shows the current pace of the real estate market in the Twin Cities that a buyer or seller is likely to experience. It factors in the average showings per week per listing "demand", inventory of homes "supply", and affordability. 0 to 1.99 is a strong Buyer's market, 2 to 3.99 is a Buyer's market, 4 to 5.99 is a stable market, 6 to 7.99 Seller's market, and 8 or higher is a strong Seller's market. If it goes above 10 or below zero then it is in an extreme market condition.
Most other sources are weeks if not months behind on showing where activity is or should I say was. The market meter is updated each week as to the current pace and at the end of the month averaged and plotted for reference.
Click here to see where the market meter currently sits https://housegeeks.com/twin_cities_market_meter