Eli Tipoh, Realtor

04/16/2025

📊 Twin Cities Real Estate Market Update 🌆🏡

🔍 Week Ending April 5, 2025
Here’s a snapshot of the latest trends in the Minneapolis area real estate market! 📈

Quick Facts:
New Listings: 📈 **+8.4% (1,534)
Pending Sales: 📈 **+18.7% (1,043)
Inventory of Homes: 📈 **+4.0% (7,788)

Monthly Highlights (February 2025):
Median Sales Price**: 💰 $380,000 (+6.1%)
Days on Market Until Sale**: ⏳ 69 (+16.9%)
Percent of Original List Price Received**: 📊 97.7% (+0.2%)
Months Supply of Homes**: 📅 2.0 (+5.3%)

Notable Trends:
🏠 Mortgage Applications have surged by 20% this week!
🔼 Purchase applications are up 9% compared to last week and 24% higher than last year!
🔄 Refinance applications have skyrocketed by 35%!

Let's keep an eye on these promising trends as we move further into 2025! 🏘️✨



👉 Follow us for more updates and insights!

11/05/2024

🏡✨ Just helped a client sell their home, and it was a fantastic journey! 🎉💖 Ready to do the same for you! I’ll guide you through every step, from staging to closing! 💼🌟

Know someone looking to sell? Tag them below! 👇 Let’s make their dreams come true together! 🤝🔑 🏡✨🔑🌞🛌💫🏡

09/22/2024

🎉 Exciting news! My amazing clients just closed on their first home! 🏡✨
it’s been an honor to guide them through this process.
Cheers to new beginnings and countless memories ahead! Congratulations! 🔑❤️

03/02/2024

Eli Tipoh

🏡 Thrilled to help my clients go under contract on their dream home! 🎉🔑 Let the countdown to closing begin! 🏠💼 🏡🔑

03/02/2024

🏡 Thrilled to help my clients go under contract on their dream home! 🎉🔑 Let the countdown to closing begin! 🏠💼 🏡🔑

11/22/2023

📈 Market Update: Minneapolis & St. Paul Multifamily Housing

🏡 Key Trends:
- Winter & early spring listings sell at higher percentages
- Winter listings show higher likelihood of selling
- Spring & summer listings see 10-30% drop in sales
- Fall brings final push of new inventory before winter

📊 Latest Data:
- 221 new multifamily listings in October
- Average sales price in Minneapolis & St. Paul: $402,962
- Average metro-wide sales price: $416,420
- Average days on market: 31 (down from 37 in September)

💡 Insight:
- Seller's market persists with 3 months' supply of inventory
- Despite fall season, average days on market decreased
- Buyer activity remains steady year-round

09/12/2023

🏠📈 Twin Cities Housing Market Update! 📊✨

📅 Week Ending Sept 2, 2023:
📉 New Listings: ⬇️2.1% to 1,185
📉 Pending Sales: ⬇️6.1% to 933
📉 Inventory: ⬇️11.3% to 8,255

📆 July Highlights:
💰 Median Sales Price: 💼 $350,000
⏰ Days on Market: ⬆️14.3% to 34
💯 Percent of Original List Price Received: ⬇️0.3% to 100.2%
🏢 Months Supply of Homes for Sale: ⬇️16.7% to 1.8

Key Takeaways:
🚧 Demand for new construction homes continues to rise.
📈 Total housing starts exceeded expectations.
📉 Twin Cities market saw a decrease in listings, pending sales, and inventory.
💼 Median sales price remained flat.
⏰ Days on market increased, while percent of list price received decreased.
🏠 Tight housing market with low supply.

Use the best housing market information in the Twin Cities. Our reporting tools offer unmatched insights into market dynamics, including an optional subscription to InfoSparks.

09/06/2023

🏠 **OPEN HOUSE ALERT!** 🏠

Join me at 4915 Arrowood Lane N, Plymouth, MN 55442 this Saturday, Sept 9 from 11AM-2PM! 😍🏡

💲Offering at $385,000💲

3 🛌 | 2 🛀 | 2 🚗 | 1,844 sq. ft.

Vaulted ceilings, gas fireplace, center island, patio. Loft, spacious primary suite with private bath. Finish lower level to make it your own.

Contact RE/MAX Results Agent:
📞 952-288-5273
📧 [email protected]
🌐 www.KerbyandCristina.com

🏡✨🔑🌞🛌💫

09/06/2023

🏠 Great news for U.S. homeowners! 📈 Home equity hits 4-year high, with 49% of mortgaged homes considered "equity rich" 🏡💰💪. That's an increase from 47% in Q1 2023, with 45 states seeing quarterly gains. 🌟 The West dominates with six of the top 10 states. 🌅

🔍 In the Twin Cities region:
📆 New Listings ⬆️ 1,282
📉 Pending Sales ⬇️ 9.2% to 923
📉 Inventory ⬇️ 12.7% to 8,178
💲 Median Sales Price ↔️ $375,000
⏰ Days on Market ⬆️ 31.8% to 29
💯% of Original List Price Received ⬇️ 0.7% to 100.8%
🏡 Months Supply of Homes ⬆️ 15.8% to 2.2.

Use the best housing market information in the Twin Cities. Our reporting tools offer unmatched insights into market dynamics, including an optional subscription to InfoSparks.

08/29/2023

🦅🏡✨ Exciting News for Homebuyers! 🌟🔑

📆 Week Ending: August 19, 2023 🗓️

👀 We've got some interesting updates on the housing market in the Minneapolis area! 🏡✨

📈 Home Prices on the Rise! 💰📈

💲💼 Despite the decrease in sales, home prices have continued to soar in the Twin Cities region! 📈💸 The median sales price among international buyers reached a record high of $396,400, marking a significant milestone for the housing market. 🎉💯💲

🔍📆 Weekly Stats Snapshot 📊📆

📉 New Listings: -3.1% to 1,324 📉
📉 Pending Sales: -15.0% to 966 📉
📉 Inventory: -14.0% to 8,117 📉

📆 Monthly Highlights ☀️📅

📈 Median Sales Price: $375,250 📈
⏳ Days on Market: +31.8% to 29 ⏳
💯✅ Percent of Original List Price Received: -0.7% to 100.8% ✅💯
🏡📦 Months Supply of Homes For Sale: +10.5% to 2.1 📦🏡

👉🔍 Stay tuned for more exciting updates and trends in the Minneapolis housing market! 🌟🏡✨ 🏠💙

Use the best housing market information in the Twin Cities. Our reporting tools offer unmatched insights into market dynamics, including an optional subscription to InfoSparks.