Median sales price of Twin Cities homes rose 2.7 percent to just under $342,000 Buyer activity down 19.3 percent with 2,560 pending sales Sellers listed 10.6 percent fewer homes compared to last January (February 15, 2022) – According to new … Continue reading →

Higher mortgage rates and rising prices increased monthly housing costs for buyers Minneapolis–Saint Paul, Minnesota (January 18, 2023) – The first and second half of 2022 couldn’t have looked more different, according to an annual report issued by Minneapolis Area … Continue reading →

Buyer activity down 40.5 percent with 2,841 pending sales Median sales price of Twin Cities homes rose 4.1 percent to $354,000 Sellers continued to hesitate, with 17.0 percent fewer new listings in November (December 15, 2022) – According to new … Continue reading →

Buyer activity dropped 37.7 percent with 3,611 pending sales Median sales price of Twin Cities homes rose 4.7 percent to $356,002 30-Year mortgage rates are averaging around 7.0 percent, the highest since 2002 (November 15, 2022) – According to new … Continue reading →

Buyer activity dropped 29.7 percent for pending sales and 23.9 percent for closings Median sales price of Twin Cities homes rose 6.3 percent to $362,000 Sellers received 98.9 percent of their original list price, on average (September 16, 2022) – … Continue reading →