CJSold

216, Water Street,Excelsior MN 612-275-9734

Weekly Market Report

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For Week Ending February 28, 2026

The average 30-year fixed mortgage rate fell to 5.98% for the week ending February 26, 2026, marking the first time in 3½ years that rates have dropped below 6%, according to Freddie Mac. While falling rates are welcome news for prospective buyers, they’ve also benefited current homeowners, leading to a recent surge in refinance activity.

In the Twin Cities region, for the week ending February 28:

  • New Listings decreased 11.6% to 1,161
  • Pending Sales increased 0.1% to 870
  • Inventory increased 3.6% to 7,920

For the month of January:

  • Median Sales Price increased 1.4% to $375,000
  • Days on Market decreased 3.0% to 64
  • Percent of Original List Price Received decreased 0.1% to 96.8%
  • Months Supply of Homes For Sale remained flat at 2.0

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending February 21, 2026

Nationally, the number of active listings grew for the 27th consecutive month, rising 10% year-over-year in January, according to Realtor.com’s January 2026 Monthly Housing Market Trends Report. Despite the increase, total inventory remained 17.2% below pre-pandemic levels for the month. The typical home spent 78 days on the market, five days longer than the same period a year ago.

In the Twin Cities region, for the week ending February 21:

  • New Listings decreased 2.4% to 1,117
  • Pending Sales decreased 6.0% to 736
  • Inventory increased 3.4% to 7,866

For the month of January:

  • Median Sales Price increased 1.4% to $375,000
  • Days on Market decreased 3.0% to 64
  • Percent of Original List Price Received decreased 0.1% to 96.8%
  • Months Supply of Homes For Sale remained flat at 2.0

All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Inventory

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Weekly Market Report

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For Week Ending January 3, 2026

The National Association of REALTORS® (NAR) forecasts a 14% increase in existing-home sales in 2026, alongside a 5% rise in new-home sales. These gains are being fueled by steady job growth, softening mortgage rates, and improving overall market conditions. Home prices are projected to grow 4% this year, reflecting sustained demand and ongoing inventory constraints.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 3:

  • New Listings decreased 18.9% to 586
  • Pending Sales decreased 11.8% to 387
  • Inventory decreased 2.6% to 7,683

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.9% to $387,000
  • Days on Market remained flat at 50
  • Percent of Original List Price Received decreased 0.2% to 97.4%
  • Months Supply of Homes For Sale remained flat at 2.5

All comparisons are to 2025

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

Inventory

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Weekly Market Report

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For Week Ending December 27, 2025

Nationally, 46.1% of mortgaged residential properties were classified as equity-rich in the third quarter of 2025, according to ATTOM’s latest 2025 U.S. Home Equity & Underwater Report. This marks a slight decline from 47.4% the previous quarter and from 48.3% the same time last year. The three states with the highest share of equity-rich properties were Vermont (86.8%), New Hampshire (61.4%), and Rhode Island (59.8%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECEMBER 27:

  • New Listings decreased 22.4% to 267
  • Pending Sales decreased 11.9% to 376
  • Inventory decreased 2.9% to 7,964

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.9% to $387,000
  • Days on Market remained flat at 50
  • Percent of Original List Price Received decreased 0.2% to 97.4%
  • Months Supply of Homes For Sale remained flat at 2.

All comparisons are to 2024

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

Inventory

by

Weekly Market Report

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For Week Ending December 20, 2025

Nationally, housing inventory improved for the 25th consecutive month, rising 12.6% year-over-year, according to Realtor®.com’s November 2025 Monthly Housing Market Trends Report. However, the pace of active listings has eased each of the last six months, retreating from a peak of roughly 30% year-over-year growth in May and June. Inventory advanced in all four regions in November, led by the West at 14.3%.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECEMBER 20:

  • New Listings decreased 6.3% to 477
  • Pending Sales decreased 18.9% to 501
  • Inventory decreased 2.9% to 8,359

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 2.9% to $387,000
  • Days on Market remained flat at 50
  • Percent of Original List Price Received decreased 0.2% to 97.4%
  • Months Supply of Homes For Sale decreased 4.0% to 2.4

All comparisons are to 2024

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

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