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Weekly Market Report

September 29, 2025 by Ed Klein

For Week Ending September 20, 2025

The number of homes actively for sale increased for the 22nd consecutive month, rising 20.9% year-over-year in August, according to Realtor®.com’s August 2025 Monthly Housing Market Trends Report. At the same time, the national median list price declined 2.2% from the previous month to $429,990, with 20.3% of listings receiving price cuts as sellers responded to changing market conditions.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 20:

  • New Listings decreased 7.5% to 1,354
  • Pending Sales increased 9.7% to 981
  • Inventory increased 0.8% to 10,704

FOR THE MONTH OF AUGUST:

  • Median Sales Price increased 2.8% to $399,999
  • 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 Inch Up

September 25, 2025 by Ed Klein

September 25, 2025
Following several weeks of decline, mortgage rates inched up this week. Housing market activity continues to hold up with purchase and refinance applications increasing by 18% and 42%, respectively, compared to the same time last year.

Information provided by Freddie Mac.

Filed Under: Monthly Skinny Video

Existing Home Sales

September 25, 2025 by Ed Klein

Filed Under: St Paul Pioneer Press

August Monthly Skinny Video

September 25, 2025 by Ed Klein

Filed Under: Monthly Skinny Video

New Listings and Pending Sales

September 22, 2025 by Ed Klein

Filed Under: The Skinny

Inventory

September 22, 2025 by Ed Klein

Filed Under: Weekly Report

Weekly Market Report

September 22, 2025 by Ed Klein

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 Ed Klein

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

New Listings and Pending Sales

September 15, 2025 by Ed Klein

Filed Under: The Skinny

Inventory

September 15, 2025 by Ed Klein

Filed Under: Weekly Report

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