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Inventory

June 16, 2025 by Jim Emond

Filed Under: Weekly Report

Weekly Market Report

June 16, 2025 by Jim Emond

For Week Ending June 7, 2025

U.S. pending home sales decreased 6.3% month-over-month, according to the National Association of Realtors®, with monthly declines reported across all four regions. Year-over-year, pending sales fell in the Northeast, South, and West, but rose in the Midwest, where the typical home price is $313,000—about 25% below the national median.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JUNE 7:

  • New Listings increased 0.1% to 1,705
  • Pending Sales decreased 0.6% to 1,072
  • Inventory increased 7.3% to 9,698

FOR THE MONTH OF MAY:

  • Median Sales Price increased 2.6% to $395,000
  • Days on Market increased 7.3% to 44
  • Percent of Original List Price Received remained flat at 100.0%
  • Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2024

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

Filed Under: Weekly Report

April Monthly Skinny Video

June 16, 2025 by Jim Emond

Filed Under: Monthly Skinny Video

Mortgage Rates Remain Essentially Flat

June 12, 2025 by Jim Emond

June 12, 2025
Mortgage rates have moved within a narrow range for the past few months and this week is no different. Rate stability, improving inventory and slower house price growth are an encouraging combination this National Homeownership Month.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

New Listings and Pending Sales

June 9, 2025 by Jim Emond

Filed Under: The Skinny

Inventory

June 9, 2025 by Jim Emond

Filed Under: Weekly Report

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