Typical Late August

My office, Edina Realty City Lakes, tracks weekly statistics by several categories: new listings, showings, pending sales, closings, etc.

From a peak of almost 300 showings earlier this month, weekly showings are down about 50%. Meanwhile, closings — which reflect activity 6-8 weeks earlier — are WAY up.

Typical late August . . .

P.S.: to Realtors, the market sometimes feels like one big pipeline, with new prospects at the beginning, and closed sales at the end.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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