Ted Bergstrom

MN Real Estate Team

612.723.5444

Ted@TedBergstrom.com

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Weekly Market Report

April 28, 2025 by Ted Bergstrom

For Week Ending April 19, 2025

Housing inventory continues to grow nationwide, climbing 28.5% year-over-year, according to Realtor®.com’s March 2025 Monthly Housing Market Trends Report. New listing activity increased 10.2% from one year ago, marking the most active March for new listings since 2022. On average, homes spent 53 days on the market, three days more than the same time last year, with 17.5% of homes receiving price reductions.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING APRIL 19:

  • New Listings decreased 0.4% to 1,428
  • Pending Sales increased 3.2% to 1,035
  • Inventory increased 3.3% to 8,170

FOR THE MONTH OF MARCH:

  • Median Sales Price increased 3.5% to $380,000
  • Days on Market increased 7.3% to 59
  • Percent of Original List Price Received increased 0.2% to 99.0%
  • Months Supply of Homes For Sale increased 5.0% to 2.1

All comparisons are to 2024

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

Filed Under: Weekly Report

Ted
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4433 Aldrich Ave.S

Mpls 55419-1282

ted@tedbergstrom.com

612-723-5444

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All information deemed reliable but not guaranteed and should be independently verified.