Curious what the market is like right now? Check out this weekly report from Minneapolis Area Realtors!
Weekly Market Activity Report for Week Ending September 20
The number of homes actively for sale increased for the 22nd consecutive month, rising 20.9% year-over-year in August, according to Realtor®.com’s August 2025 Monthly Housing Market Trends Report. At the same time, the national median list price declined 2.2% from the previous month to $429,990, with 20.3% of listings receiving price cuts as sellers responded to changing market conditions.
In the Twin Cities region, for the week ending September 20:
- New Listings decreased 7.5% to 1,354
- Pending Sales increased 9.7% to 981
- Inventory increased 0.8% to 10,704
For the Month of August:
- Median Sales Price increased 2.8% to $399,999
- Days on Market increased 5.0% to 42
- Percent of Original List Price Received remained flat
at 98.7% - Months Supply of Homes For Sale decreased 3.6% to 2.7
Source: https://www.mplsrealtor.com/news/2025/weekly-market-activity-report-for-week-ending-september-20/