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Lakeville Real Estate

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Weekly Market Report

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For Week Ending January 3, 2026

The National Association of REALTORS® (NAR) forecasts a 14% increase in existing-home sales in 2026, alongside a 5% rise in new-home sales. These gains are being fueled by steady job growth, softening mortgage rates, and improving overall market conditions. Home prices are projected to grow 4% this year, reflecting sustained demand and ongoing inventory constraints.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 3:

  • New Listings decreased 18.9% to 586
  • Pending Sales decreased 11.8% to 387
  • Inventory decreased 2.6% to 7,683

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.9% to $387,000
  • Days on Market remained flat at 50
  • Percent of Original List Price Received decreased 0.2% to 97.4%
  • Months Supply of Homes For Sale remained flat at 2.5

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending December 27, 2025

Nationally, 46.1% of mortgaged residential properties were classified as equity-rich in the third quarter of 2025, according to ATTOM’s latest 2025 U.S. Home Equity & Underwater Report. This marks a slight decline from 47.4% the previous quarter and from 48.3% the same time last year. The three states with the highest share of equity-rich properties were Vermont (86.8%), New Hampshire (61.4%), and Rhode Island (59.8%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECEMBER 27:

  • New Listings decreased 22.4% to 267
  • Pending Sales decreased 11.9% to 376
  • Inventory decreased 2.9% to 7,964

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.9% to $387,000
  • Days on Market remained flat at 50
  • Percent of Original List Price Received decreased 0.2% to 97.4%
  • Months Supply of Homes For Sale remained flat at 2.

All comparisons are to 2024

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