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 October 18, 2025

According to the Federal Housing Finance Agency’s National Mortgage Database (NMDB®), 80.3% of outstanding mortgages in the United States had interest rates of 6% or lower in the second quarter of 2025. Within this group, 9.9% had rates between 5% and 6%, 17.9% between 4% and 5%, 32.1% between 3% and 4%, and 20.4% below 3%.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 18:

  • New Listings increased 4.8% to 1,300
  • Pending Sales decreased 3.9% to 830
  • Inventory decreased 0.5% to 10,664

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.