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Market Hotness: Median Listing Price Versus the United States in Hennepin County, MN (MELIPRVSUSCOUNTY27053)

Observation:

Jan 2024: 0.98278 (+ more)   Updated: Feb 27, 2024
Jan 2024:  0.98278  
Dec 2023:  0.97537  
Nov 2023:  0.95238  
Oct 2023:  0.98235  
Sep 2023:  0.99062  
View All

Units:

Ratio,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Realtor.com  

Release: Market Hotness Index  

Units:  Ratio, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

The median listing price for a given market divided by the median listing price for the US overall.

With the release of its November 2021 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. The methodology has also been adjusted to better account for missing data in some fields including square footage. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since December 2021 will not be directly comparable with previous data releases (files downloaded before December 2021) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library.

Suggested Citation:

Realtor.com, Market Hotness: Median Listing Price Versus the United States in Hennepin County, MN [MELIPRVSUSCOUNTY27053], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MELIPRVSUSCOUNTY27053, March 4, 2024.


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