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 →

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 →

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 →

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 →

Buyer and seller activity down from last August, but lower rates on the way Pending sales fell 10.2%; new listings down 3.3% The median sales price increased 2.6% to $389,700 Market times rose 21.2% to 40 days; inventory up 11.7% … Continue reading →