Midwest Real Estate Data LLC’s Post

Eight-month low for closed residential listings Last week saw 1,535 closed residential listings in MRED's marketplace. That total was a 20% week-over-week decrease and a 28% year-over-year dip. It also marked the smallest single-week total since the end of February.

Closed listings at year-long high point MRED's residential marketplace typically sees an end-of-month increase in closed listings. The spike that occurred during the final week of June, however ushered in the largest single-week total in a year. The 2,975 closed listings were a 41% week-over-week increase, although it was a 20% year-over-year decline.

For the first time in two years, the residential marketplace saw a year-over-year increase in closed listings. The 1,565 closed listings last week were a 2% annual increase compared to the same span in 2023, while also marking a 41% week-over-week jump.

Closed listings see rare annual increase For the first time in two years, MRED's residential marketplace saw a year-over-year increase in closed listings. The 1,565 closed listings last week were a 2% annual increase compared to the same span in 2023, while also marking a 41% week-over-week jump.

Total active listings at six-month high The 38,933 total active listings in MRED's residential marketplace marked the most since November of 2023. That total continued a two-month trend of increases.

Weekly, annual declines in new listings.  The total number of new residential listings in MRED's marketplace was down 16% on a week-over-week and year-over-year basis. That decline bucked a two-week trend of weekly increases, but completed a full month's streak of annual deficits. Give me a call if you'd like to know more about today's real estate market. #yourrealtorforlife #realestatemarket #sellersagent #buyersagent

For the first time in two years, MRED's residential marketplace saw a year-over-year increase in closed listings. The 1,565 closed listings last week were a 2% annual increase compared to the same span in 2023, while also marking a 41% week-over-week jump.

Big jump in new residential listings MRED's residential marketplace saw a 14% week-over-week increase in new listings. That jump resulted in a 7% year-over-year increase to go along with the largest single-week total since June of 2023.

Big jump in new residential listings MRED's residential marketplace saw a 14% week-over-week increase in new listings. That jump resulted in a 7% year-over-year increase to go along with the largest single-week total since June of 2023.

Big jump in new residential listings MRED's residential marketplace saw a 14% week-over-week increase in new listings. That jump resulted in a 7% year-over-year increase to go along with the largest single-week total since June of 2023.