Housing inventory increased 31.5% year-over-year, according to Realtor®.com’s May 2025 Monthly Housing Market Trends Report, as the number of homes for sale topped 1 million for the first time since Winter 2019. Inventory rose year-over-year in all four regions, with the largest gain in the West (40.7%), followed by the South (32.9%), the Midwest (22.9%), and the Northeast (19.0%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JUNE 21:

• New Listings decreased 2.3% to 1,519
• Pending Sales decreased 6.2% to 1,029
• Inventory increased 4.9% to 9,939

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.