Housing Inventory: Median Days on Market Month-Over-Month in Minnesota
MEDDAYONMARMMMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.29
Year-over-Year Change
111.39%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the median number of days a home spends on the market in Minnesota, month over month. It provides insight into the state's housing market activity and demand.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory: Median Days on Market Month-Over-Month in Minnesota metric tracks the typical time a home listing remains active before being sold in the state. It is an important indicator of housing market conditions and consumer demand.
Methodology
The data is collected through surveys of real estate agents and brokers across Minnesota.
Historical Context
This trend is closely monitored by policymakers, real estate investors, and mortgage lenders to assess the health of the local housing market.
Key Facts
- The current median days on market in Minnesota is [X] days.
- This metric has [increased/decreased] by [X]% over the past year.
- Shorter days on market indicate a tighter, more competitive housing market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the median number of days a home listing remains active on the market in Minnesota before being sold, tracked on a month-over-month basis.
Q: Why is this trend relevant for users or analysts?
A: The median days on market is a key indicator of housing market conditions and consumer demand. It helps policymakers, investors, and lenders assess the health and competitiveness of the local real estate landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate agents and brokers across Minnesota.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers to gauge the strength of the housing market and inform decisions around mortgage regulations, interest rates, and other real estate policies.
Q: Are there update delays or limitations?
A: The data is published with a [X]-month delay, and may not capture all market activity, particularly in smaller regional areas.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market Month-Over-Month in Minnesota (MEDDAYONMARMMMN), retrieved from FRED.