B uyers and sellers pull back in face of higher rates and uncertain t y Key Updates: According to new data from the Minnesota state and Twin Cities metro REALTOR ® Associations, both seller and buyer activity cooled in February while prices rose. ...
Sellers listing more homes but rates still constraining buyer activity New listings rose 8.4% statewide and 8.3% in the Twin Cities S igned purchase agreements fell 4 . 9 % statewide and 5.1% in the metro The median sales price increased ...
Buyer and seller activity higher than 2023 despite affordability headwinds Buyers overc a me t riple punch of higher rates, rising prices and tight inventory for slight gain on the year Minneapolis –Saint Paul , Minnesota ( January ...
Sellers slower, buyers busier, inventory increasing S igned purchase agreements statewide were up 8 . 5 % , and new listings were down 0 . 9 % The statewide median sales price increase d 4.4 % to $3 4 0 , 0 0 0 M arket times across...
Sizable gains in listings and sales despite rate environment S igned purchase agreements were up 1 0 . 4 % statewide, and new listings were up 9 . 1 % The median sales price increased 5 . 3 % to $3 47,5 00 Market times rose 1 0 . 5 %...
Affordability inches up alongside inventory while sales stabilize Statewide, s igned purchase agreements were down 0 . 5 % and new listings were up 4 . 4% The median sales price increased 6 . 1 % to $3 5 0 , 00 0 Market times rose 18 ...
Market activity down as buyers anticipate lower rates New listings down 4 . 8 % ; pending sales fell 10.2% The median sales price increased 1 . 7 % to $352,000 The average market time rose 18 . 8 % t o 38 days on market ( ...
Listings up but sales down, lower rates likely to boost activity New listings up 5 . 4 % ; pending sales fell 5 . 4 % The median sales price increased 4 . 1 % to about $3 5 4 , 0 0 0 The average market time rose 20 . 7 % to ...
(Aug. 22, 2024)— Minnesota Realtors® is proud to announce the receipt of a $1 million grant from the Realtors® Relief Foundation (RRF) in response to the recent flooding that has affected communities across the state. This funding will provide up to $1,000 per household to any Minnesotan forced...
Prices reach record highs despite more supply and lower affordability New listings down 9 . 2 % ; pending sales fell 13 . 2 % The median sales price increased 1 . 4 % to $3 5 5 , 0 0 0 The average market time rose 10 % to ...
The MNR Office will be closed on Friday, April 18 in observance of Good Friday.