332 2nd Street - Excelsior, MN 55331

Office #: (952) 474-0894

332 2nd Street - Excelsior, MN 55331

Office #: (952) 474-0894

Direct #: (612) 701-7404

Weekly Market Report

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For Week Ending June 27, 2026

Realtor®.com found that buying a home by age 30 is associated with a 22.5% higher net worth at age 50 compared with purchasing a first home in one’s 40s. Moreover, children raised in homeowner households are 18.4% more likely to become homeowners by age 35. The U.S. homeownership rate stood at 65.7% in the fourth quarter of 2025, the highest level of the year, though still below the pandemic-era high of 67.9% in the second quarter of 2020.

In the Twin Cities region, for the week ending June 27:

  • New Listings increased 5.5% to 1,526
  • Pending Sales increased 9.7% to 1,167
  • Inventory increased 6.9% to 11,284

For the month of May:

  • Median Sales Price increased 1.2% to $399,900
  • Days on Market increased 2.3% to 45
  • Percent of Original List Price Received decreased 0.3% to 99.7%
  • Months Supply of Homes For Sale increased 3.7% to 2.8

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 June 20, 2026

The typical U.S. household spends $39,468 per year on bills, or $3,289 per month, accounting for approximately 47% of annual income, according to doxo’s 2026 U.S. Household Bill Pay Report. Of this total, $24,997 is spent on the 13 most essential household expenses, including housing, utilities, and auto loans. Housing remains the single largest expense category, with mortgage payments totaling $1.08 trillion annually.

In the Twin Cities region, for the week ending June 20:

  • New Listings increased 7.0% to 1,656
  • Pending Sales increased 8.7% to 1,142
  • Inventory increased 6.7% to 11,120

For the month of May:

  • Median Sales Price increased 1.2% to $399,900
  • Days on Market increased 2.3% to 45
  • Percent of Original List Price Received decreased 0.3% to 99.7%
  • Months Supply of Homes For Sale increased 3.7% to 2.8

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 June 13, 2026

The U.S. housing supply gap grew to an estimated 4.03 million homes in 2025, up from 3.8 million in 2024, according to Realtor®.com’s 2026 Housing Supply Gap Report. Last year, approximately 1.4 million households were formed, exceeding 1.36 million new housing starts. 2025 marked the third-largest annual deficit since 2012, behind only 2020 and 2023.

In the Twin Cities region, for the week ending June 13:

  • New Listings increased 10.9% to 1,817
  • Pending Sales increased 1.2% to 1,198
  • Inventory increased 5.4% to 10,923

For the month of May:

  • Median Sales Price increased 1.2% to $399,900
  • Days on Market increased 2.3% to 45
  • Percent of Original List Price Received decreased 0.3% to 99.7%
  • Months Supply of Homes For Sale increased 3.7% to 2.8

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 June 6, 2026

The U.S. median asking rent across the 50 largest metros dropped 1.7% from a year earlier to $1,673 in April, according to Realtor®.com, marking the 33rd consecutive month of year-over-year declines. Since peaking in August 2022, the median asking rent has declined 5.2% ($92), though it remains $254 higher than its pre-pandemic level in April 2019.

In the Twin Cities region, for the week ending June 6:

  • New Listings increased 4.6% to 1,819
  • Pending Sales increased 9.8% to 1,216
  • Inventory increased 5.5% to 10,718

For the month of May:

  • Median Sales Price increased 1.2% to $399,900
  • Days on Market increased 2.3% to 45
  • Percent of Original List Price Received decreased 0.3% to 99.7%
  • Months Supply of Homes For Sale increased 3.7% to 2.8

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 May 30, 2026

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

All comparisons are to 2025

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

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Licensed In Minnesota

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


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