Buyer activity dropped 37.7 percent with 3,611 pending sales Median sales price of Twin Cities homes rose 4.7 percent to $356,002 30-Year mortgage rates are averaging around 7.0 percent, the highest since 2002 (November 15, 2022) – According to new … Continue reading →

Buyer activity dropped 29.7 percent for pending sales and 23.9 percent for closings Median sales price of Twin Cities homes rose 6.3 percent to $362,000 Sellers received 98.9 percent of their original list price, on average (September 16, 2022) – … Continue reading →

Median sales price was up just 5.6 percent to $369,750, the smallest gain since June 2020 Buyer activity pulled back as pending sales fell 23.8 percent Homes took 26 days to sell, 18.2 percent longer than the 22 days last … Continue reading →

Median sales price was up 7.1 percent to $375,000, the slowest increase since June 2020 Buyer activity was down, pending sales fell 23.3 percent Homes took 22 days to sell, 15.8 percent longer than the 19 days last July (August … Continue reading →

Median sales price reached a record $380,000 despite declining sales June inventory up 9.8 percent, a second consecutive year-over-year increase Softer demand led to longer days on market, up 5.0 percent to 21 days, on average (July 18, 2022) – … Continue reading →