MRED Blog

MRED saw active listings inch higher for the seventh week in the last two months. Last week’s one percent increase in active listings comes as the spring selling season gets into full swing.

Get more details in MRED’s Weekly Market Snapshot.

5,263 listings in MRED’s marketplace went under contract last week, the most during any single week of the last two years. That total was a 14% weekly increase and the sixth consecutive week of 4,500+ listings under contract.

Learn more in MRED’s Weekly Market Snapshot.

The first full week of April saw a nearly 10% weekly increase in new listings in MRED’s marketplace. This jump accompanied a 71% annual spike compared to 2020, when the market was adjusting to the initial weeks of a global pandemic. The 7,578 new listings was the most in a single week since mid-August of last year. See all the details in MRED’s Weekly Market Snapshot.

Closed listing totals in MRED’s marketplace saw one of its first major jumps of the year last week. The 37% week-over-week increase accompanied a 21% year-over-year increase in closed listings.

Get more details in MRED’s Weekly Market Snapshot.

Inventory remains low in MRED’s marketplace, but the total number of active listings in connectMLS rose for the fourth straight week. The 55,301 total active listings was also the highest weekly mark since mid-December. 

Get the full picture in MRED’s Weekly Market Snapshot.

Lean inventory in MRED’s marketplace pushed median sales prices to $285,000, a 3.6% week-over-week jump and an 18.2% year-over-year spike. Learn more here in the Weekly Market Snapshot.