- Tom Torkelson

For Week Ending May 9, 2026

2026 has been the strongest spring for new listings since 2022, with listing activity up 8.7% month-over-month and 1.1% year-over-year in April, according to Realtor®.com. Among major metropolitan areas, Virginia Beach had the strongest new listing growth at 23.8% year-over-year, followed by Indianapolis at 21.1% and Louisville at 19.2%.

In the Twin Cities region, for the week ending May 9:

New Listings increased 4.5% to 1,751
Pending Sales increased 14.2% to 1,242
Inventory increased 8.9% to 9,999

For the month of April:

Median Sales Price decreased 2.0% to $392,000
Days on Market increased 14.0% to 57
Percent of Original List Price Received decreased 0.4% to 99.3%
Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2025

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

For Week Ending May 2, 2026

A family earning the U.S. median income of $104,200 needed to spend 34% of its income on the mortgage for a median-priced new home ($405,300) in the fourth quarter of 2025, down from 35% in the third quarter, according to the National Association of Home Builders/Wells Fargo Cost of Housing Index.

In the Twin Cities region, for the week ending May 2:

New Listings increased 10.4% to 1,855
Pending Sales increased 3.5% to 1,197
Inventory increased 8.1% to 9,815

For the month of March:

Median Sales Price remained flat at $380,000
Days on Market increased 6.8% to 63
Percent of Original List Price Received decreased 0.5% to 98.5%
Months Supply of Homes For Sale increased 9.1% to 2.4

All comparisons are to 2025

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

New Listings and Pending Sales

Inventory

Weekly Market Report

Weekly Market Report

Existing Home Sales