Monday, February 24th, 2025

Sellers listing more homes but rates still constraining buyer activity New listings rose 8.4% statewide and 8.3% in the Twin Cities Signed purchase agreements fell 4.9% statewide and 5.1% in the metro The median sales price increased 4.8% statewide and … Continue reading

Posted in The Skinny |
Thursday, January 30th, 2025

BUYER AND SELLER ACTIVITY HIGHER THAN 2023 DESPITE AFFORDABILITY HEADWINDS Buyers overcame triple punch of higher rates, rising prices and tight inventory for slight gain on the year Minneapolis–Saint Paul, Minnesota (January 28, 2025) – Home sales increased in 2024, … Continue reading

Posted in The Skinny |
Thursday, December 19th, 2024

Sellers slower, buyers busier, inventory increasing Signed purchase agreements statewide were up 8.5%, and new listings were down 0.9% The statewide median sales price increased 4.4% to $340,000 Market times across the state rose 12.5% to 45 days, and inventory … Continue reading

Posted in The Skinny |
Monday, November 18th, 2024

SIZABLE GAINS IN LISTINGS AND SALES DESPITE RATE ENVIRONMENT Signed purchase agreements were up 10.4% statewide, and new listings were up 9.1% The median sales price increased 5.3% to $347,500 Market times rose 10.5% to 42 days, and inventory was … Continue reading

Posted in The Skinny |
Thursday, October 17th, 2024

Affordability inches up alongside inventory while sales stabilize Statewide, signed purchase agreements were down 0.5% and new listings were up 4.4% The median sales price increased 6.1% to $350,000 Market times rose 18.2% to 39 days and inventory was up … Continue reading

Posted in The Skinny |