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Existing Home Sales

September 25, 2025 by Jim Emond

Filed Under: St Paul Pioneer Press

August Monthly Skinny Video

September 25, 2025 by Jim Emond

Filed Under: Monthly Skinny Video

New Listings and Pending Sales

September 22, 2025 by Jim Emond

Filed Under: The Skinny

Inventory

September 22, 2025 by Jim Emond

Filed Under: Weekly Report

Weekly Market Report

September 22, 2025 by Jim Emond

For Week Ending September 13, 2025

In a rare shift for the U.S. housing market, new homes have become more affordable than existing homes. According to the U.S. Census Bureau, the median sales price of a new home was $403,800 in July, compared to $422,400 for an existing home. New-home prices have declined year-over-year for eight consecutive quarters, while existing-home prices have continued to rise.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 13:

  • New Listings increased 7.4% to 1,570
  • Pending Sales increased 5.2% to 892
  • Inventory increased 0.5% to 10,517

FOR THE MONTH OF AUGUST:

  • Median Sales Price increased 2.8% to $400,000
  • Days on Market increased 5.0% to 42
  • Percent of Original List Price Received remained flat at 98.7%
  • Months Supply of Homes For Sale decreased 3.6% to 2.7/li>

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Filed Under: Weekly Report

Mortgage Rates Continue to Move Down

September 18, 2025 by Jim Emond

September 18, 2025
Mortgage rates decreased yet again this week, prompting many homeowners to refinance. In fact, the share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

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