When Supply and Demand Change

October 23, 2019

I really like the graphs I get to use on MLS.  They are interactive and show a lot of valuable data in graph form. This is a graph of homes Homes For Sale In Minneapolis on a monthly basis. As you can see the supply of homes is highest in October and September every year.  This makes sense because the majority of sellers will list once the weather gets nice and the buyers will come out at the same time.  Sales start shooting up from March until July and then they start to slow down again.  Then most buyers stop shopping around September so sales drop as well.  I see this time as a great time to find a deal because there are a lot to choose from and not a lot of buyers compared to June and July.