re: 18.6% of Minneapolis’ total listings have popped up for sale in the last 7 days

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No I'm not a time traveler

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Stop with this nonsense. In order to calculate the same figure for last year, you absolutely would have to go back in time because the source of his data (zillow) only gives current, realtime data. We can't know how many listings went up in a 7 day period last year, or how many total listings there were at that time, unless we work for zillow. Their site doesn't provide that data.

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There was a dip in lisitngs before the riots then spiked by 700+ from 29th to June 5th then seems to have flattened out

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Again, link?


Edit: You know what, nevermind. I see your game. You just can't stand that the number posted in the OP doesn't indicate anything out of the ordinary in Minneapolis, so you're posting random shite in two threads until I get tired of swatting it all down so you can walk away feeling good about yourself. Victorious at your own game of whack a mole, facts be damned.

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Just don’t vote for the same nonsense that ruined Minneapolis whenever you move somewhere else.

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this x100

the only reason great states like North Carolina and Florida are considered "swing states" is because of all the Democrat scum that moves to them to escape the hell hole states they're from or they buy vacation homes (particularly in Florida) and poison those states with their Democrat votes.

clueless, spineless cowards want all of the perks, tax benefits, and overall better quality of life by living in red states, but still vote for the same party that is the cause of why they're fleeing to red states in the first place.

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There was a large spike of new listings from May 29th to June 5th

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Are you trolling or just dense? Here's what the data shows:



Every May/June, the median days on market bottom out at <40 days. This data is only updated through May of this year and this year is obviously weird due to COVID, but the overall trend still holds.

So if EVERY YEAR the median inventory age falls, that means that EVERY YEAR the percentage of "new" listings rises compared to the percentage of "old" listings. Is it possible that some people are selling because of what's going on in the city? Certainly. But if the median listing age is around 35-40 days, it's not at all surprising to see around 14-15% in listings <1 week old.

What does median days on the market have to do with new listings?

You asked me to show you data on a spike from May 29th to June 5th after the riots started

I showed you. Obviously that spike had nothing to do with the riots

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What does median days on the market have to do with new listings?

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You can’t be serious. How can the median days on the market go down without the % new listings going up? I’ll hang up and listen.

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What does median days on the market have to do with new listings?

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Because this thread is about new listings in relation to all listings, that's what the percentage means. Median days on the market for this time of year has everything to do with it, as that directly impacts the denominator in that calculation. Shorter time on the market -> smaller denominator -> larger percentage.

But I probably shouldn't expect you to understand that.

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You asked me to show you data on a spike from May 29th to June 5th after the riots started

I showed you. Obviously that spike had nothing to do with the riots

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That’s not a spike, it’s noise.

ETA:

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The amount of time a home sits on the market has to do with new listings?

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The percentage of listings that are new (you know, the entire point of the thread) is directly related to the median time on the market.

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The percentage of listings that are new (you know, the entire point of the thread) is directly related to the median time on the market.

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Wow

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Wow

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If there are a lot new listings all of a sudden, does the median time on the market go up, down, or stay the same?