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

For Week Ending November 1, 2025

U.S. homebuilder confidence rose five points to 37 in October, marking the highest
reading since April, according to the NAHB/Wells Fargo Housing Market Index
(HMI). Future sales expectations increased nine points to 54, surpassing the 50-
point mark for the first time since January. 38% of builders reported cutting prices
in October, with an average price reduction of 6%.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING NOVEMBER 1:

  • New Listings increased 14.2% to 1,197
  • Pending Sales decreased 5.5% to 819
  • Inventory decreased 0.9% to 10,524

FOR THE MONTH OF SEPTEMBER:

  • Median Sales Price increased 2.6% to $390,000
  • Days on Market increased 12.8% to 44
  • Percent of Original List Price Received decreased 0.1% to 98.4%
  • Months Supply of Homes For Sale decreased 3.4% to 2.8

All comparisons are to 2024

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

Rates Remain Near 2025 Lows

November 6, 2025
This week the 30-year fixed-rate mortgage averaged 6.22%. On a median-priced home, this could allow a homebuyer to save thousands annually compared to earlier this year, showing that affordability is slowly improving.

Information provided by Freddie Mac.

Weekly Market Report

For Week Ending October 25, 2025

According to Realtor®.com’s September 2025 Monthly Housing Market Trends Report, active listings nationwide rose 17% year-over-year, with the total number of homes for sale surpassing one million for the fifth consecutive month. Inventory in the South and West now exceeds pre-pandemic levels, while the Midwest and Northeast continue to lag behind. Nationally, housing supply remains 13.9% lower than pre-pandemic levels.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 25:

  • New Listings increased 6.7% to 1,210
  • Pending Sales increased 6.4% to 899
  • Inventory decreased 0.5% to 10,641

FOR THE MONTH OF SEPTEMBER:

  • Median Sales Price increased 2.6% to $390,000
  • Days on Market increased 12.8% to 44
  • Percent of Original List Price Received decreased 0.1% to 98.4%
  • Months Supply of Homes For Sale decreased 3.4% to 2.8

All comparisons are to 2024

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