MRED Blog

More than 41,000 active listings were available across MRED’s marketplace during the final full week of March, the most since mid December. The 1% week-over-week increase continued the gradual rise leading up to spring market.

See what’s happening in our Weekly Market Snapshot.

You can also view a new in-depth Weekly Market Activity report from InfoSparks! Go to InfoSparks in the “Tools, Resources & Links” section of connectMLS, select Reports at the top of the page and click “Weekly Market Activity Report” to view it.

The median sales price for residential listings in MRED’s marketplace reached the highest weekly level since August. A 4% weekly increase and 5% annual bump pushed median prices to $295,000.
See all the trends in our Weekly Market Snapshot.

Residential listings under contract in MRED’s marketplace saw a 4% week-over-week increase. The 3,827 contracts is the most in a single week since November but a 13% annual decline.

Get the whole picture in our Weekly Market Snapshot.

The first week of March saw 2,181 residential open houses across MRED’s marketplace. That total is a 14% weekly increase and the most in a single week since early November.

See the trends in our Weekly Market Snapshot.

The final week of February saw a 3% weekly increase in median residential sales prices across MRED’s marketplace. The rise to nearly $280,000 also marked a 6% annual bump.

See more in our Weekly Market Snapshot.

The week of Feb. 14 brought the largest total of new residential listings in MRED’s marketplace since early November. A 14% week-over-week increase in this key metric accompanied a 5% annual bump.

See the trends in the Weekly Market Snapshot.