Home sales will be up in 2020

It isn’t too early to call. Home sales are up in the metro area in 2020 over what they were in 2019. Year to date they are up by 10% in St. Paul and as you can see from the graph below they are up over 10% for the last three months.

I’ll be following this closely as the pandemic worsens. So far November home sales are up slightly from a year ago. Typically home sales go down during the holidays mainly because fewer people want to have their homes on the market during the holidays.

graph of new listings
New listings

The data used to make the graph is from the NorstarMLS and is deemed reliable but not gaurnateed.

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