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Weekly Market Report

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For Week Ending December 13, 2025

The share of first-time homebuyers fell to a record low of 21% in 2025, while the median age of first-time buyers climbed to an all-time high of 40, according to the National Association of Realtors®’ 2025 Profile of Home Buyers and Sellers. Among first-time buyers, the leading sources of down payments were personal savings (59%), financial assets such as 401(k) accounts or stocks (26%), and gifts or loans from family and friends (22%).

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

  • New Listings decreased 11.6% to 658
  • Pending Sales decreased 17.9% to 545
  • Inventory decreased 2.0% to 8,775

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.8% to $386,647
  • 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 decreased 4.0% to 2.4

All comparisons are to 2024

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

Mortgage Rates Drop Slightly

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December 18, 2025
The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months. With rates down half a percent over last year, purchase applications are 10% above the same time one year ago.

  • The 30-year fixed-rate mortgage averaged 6.21% as of December 18, 2025, down slightly from last week when it averaged 6.22%. A year ago at this time, the 30-year FRM averaged 6.72%.
  • The 15-year fixed-rate mortgage averaged 5.47%, down from last week when it averaged 5.54%. A year ago at this time, the 15-year FRM averaged 5.92%.

Information provided by Freddie Mac.