Curious what the market is like right now? Check out this weekly report from Minneapolis Area Realtors!
Weekly Market Activity Report for Week Ending May 30
U.S. housing starts fell 2.8% from the previous month to a seasonally adjusted annual rate of 1,465,000 units in April, the U.S. Census Bureau reported. Despite the monthly decline, starts were up 4.6% from one year earlier. Building permits rose 5.8% month-over-month to a seasonally adjusted annual rate of 1,442,000, while housing completions grew 4.8% to 1,449,000
In the Twin Cities region, for the week ending May 30:
- New Listings increased 7.4% to 1,617
- Pending Sales increased 10.3% to 1,036
- Inventory increased 6.8% to 10,560
For the month of April:
- Median Sales Price decreased 2.1% to $391,500
- 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 12.5% to 2.7
Source: https://www.mplsrealtor.com/news/2026/weekly-market-activity-report-for-week-ending-may-30-2/