• Home
  • About Joe
  • Testimonials
  • Resources
    • Sellers
      • Metro Markets
    • Buyers
      • Calculators
      • Communities
      • Schools
    • News
  • Search
  • My Listings
  • Sold by Joe
  • Contact

Weekly Market Report

For Week Ending August 2, 2025

U.S. housing starts rose 4.6% month-over-month to a seasonally adjusted annual rate of 1,321,000 units, according to the U.S. Census Bureau. Single-family housing starts decreased 4.6% from the previous month to a seasonally adjusted annual rate of 883,000 units, while multi-family starts jumped 30.6% to 414,000 units.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING AUGUST 2:

  • New Listings increased 2.0% to 1,514
  • Pending Sales decreased 8.3% to 979
  • Inventory increased 3.4% to 10,301

FOR THE MONTH OF JUNE:

  • Median Sales Price increased 2.8% to $401,000
  • Days on Market increased 11.4% to 39
  • Percent of Original List Price Received decreased 0.1% to 100.0%
  • Months Supply of Homes For Sale increased 4.0% to 2.6

All comparisons are to 2024

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

Weekly Report

Weekly Market Report

For Week Ending July 26, 2025

Nationally, active listings reached 1.08 million in June, a 28.9% increase from a year earlier, according to Realtor®.com’s June 2025 Monthly Housing Market Trends Report. The typical home spent 53 days on the market, five days longer than last June, while 20.7% of listings had price reductions, the highest June share since at least 2016.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JULY 26:

  • New Listings decreased 4.7% to 1,433
  • Pending Sales increased 5.5% to 1,016
  • Inventory increased 4.0% to 10,262

FOR THE MONTH OF JUNE:

  • Median Sales Price increased 2.8% to $401,000
  • Days on Market increased 11.4% to 39
  • Percent of Original List Price Received decreased 0.1% to 100.0%
  • Months Supply of Homes For Sale increased 4.0% to 2.6

All comparisons are to 2024

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

Weekly Report

June Monthly Skinny Video

Monthly Skinny Video

Weekly Market Report

For Week Ending July 12, 2025

As housing inventory builds up, an increasing number of U.S. homebuilders have been making price reductions to help boost new-home sales. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), 37% of builders reported cutting prices in June, up from 34% in May. The average price reduction was 5%, while the use of sales incentives, including mortgage rate buydowns, rose slightly to 62%.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JULY 12:

  • New Listings increased 9.9% to 1,843
  • Pending Sales increased 3.9% to 949
  • Inventory increased 5.8% to 9,901

FOR THE MONTH OF JUNE:

  • Median Sales Price increased 2.8% to $401,000
  • Days on Market increased 11.4% to 39
  • Percent of Original List Price Received decreased 0.1% to 100.0%
  • Months Supply of Homes For Sale increased 4.0% to 2.6

All comparisons are to 2024

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

Weekly Report

Weekly Market Report

For Week Ending July 5, 2025

U.S. pending home sales rose more than expected, climbing 1.8% month-over-month and 1.1% year-over-year, according to the National Association of Realtors®. All four regions reported monthly increases, with the West recording the largest gain. Year-over-year, pending sales advanced in the Midwest and South but decreased in the Northeast and West.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JULY 5:

  • New Listings increased 12.6% to 1,042
  • Pending Sales increased 5.6% to 888
  • Inventory increased 4.8% to 9,864

FOR THE MONTH OF MAY:

  • Median Sales Price increased 2.6% to $395,000
  • Days on Market increased 7.3% to 44
  • Percent of Original List Price Received remained flat at 100.0%
  • Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2024

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

Weekly Report

Weekly Market Report

For Week Ending June 28, 2025

Middle-income buyers—those earning between $75,000 and $100,000 annually—can afford 21.2% of all home listings, up from 20.8% a year ago, according to a new report from the National Association of Realtors® and Realtor®.com. While an improvement, affordability remains far below pre-pandemic levels: in 2019, buyers in this income bracket could afford nearly 49% of listings.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JUNE 28:

  • New Listings decreased 0.3% to 1,410
  • Pending Sales decreased 2.3% to 1,040
  • Inventory increased 4.9% to 10,046

FOR THE MONTH OF MAY:

  • Median Sales Price increased 2.6% to $395,000
  • Days on Market increased 7.3% to 44
  • Percent of Original List Price Received remained flat at 100.0%
  • Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2024

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

Weekly Report

Weekly Market Report

For Week Ending June 21, 2025

Housing inventory increased 31.5% year-over-year, according to Realtor®.com’s May 2025 Monthly Housing Market Trends Report, as the number of homes for sale topped 1 million for the first time since Winter 2019. Inventory rose year-over-year in all four regions, with the largest gain in the West (40.7%), followed by the South (32.9%), the Midwest (22.9%), and the Northeast (19.0%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JUNE 21:

  • New Listings decreased 2.3% to 1,519
  • Pending Sales decreased 6.2% to 1,029
  • Inventory increased 4.9% to 9,939

FOR THE MONTH OF MAY:

  • Median Sales Price increased 2.6% to $395,000
  • Days on Market increased 7.3% to 44
  • Percent of Original List Price Received remained flat at 100.0%
  • Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2024

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

Weekly Report

Weekly Market Report

For Week Ending June 14, 2025

Median priced single-family homes and condos were less affordable compared to historical averages in 97% of counties nationwide in the first quarter of 2025, according to ATTOM’s Q1 2025 U.S. Home Affordability Report. Major homeownership expenses take up 32.5% of the average national wage, which remained about the same as the fourth quarter of 2024, but is up from 31.4% a year ago.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JUNE 14:

  • New Listings increased 0.9% to 1,608
  • Pending Sales increased 11.0% to 1,162
  • Inventory increased 6.9% to 9,878

FOR THE MONTH OF MAY:

  • Median Sales Price increased 2.6% to $395,000
  • Days on Market increased 7.3% to 44
  • Percent of Original List Price Received remained flat at 100.0%
  • Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2024

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

Weekly Report

May Monthly Skinny Video

Monthly Skinny Video

Weekly Market Report

For Week Ending June 7, 2025

U.S. pending home sales decreased 6.3% month-over-month, according to the National Association of Realtors®, with monthly declines reported across all four regions. Year-over-year, pending sales fell in the Northeast, South, and West, but rose in the Midwest, where the typical home price is $313,000—about 25% below the national median.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JUNE 7:

  • New Listings increased 0.1% to 1,705
  • Pending Sales decreased 0.6% to 1,072
  • Inventory increased 7.3% to 9,698

FOR THE MONTH OF MAY:

  • Median Sales Price increased 2.6% to $395,000
  • Days on Market increased 7.3% to 44
  • Percent of Original List Price Received remained flat at 100.0%
  • Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2024

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

Weekly Report

  • 1
  • 2
  • 3
  • …
  • 151
  • Next Page »
  • Facebook

Rave Reviews

My fiancé & I purchased our 1st home thru Joe Kasel. We had a great experience start to finish!
Read More...


-
Alex & Kelsey S.


Thank you for being my Realtor.  What you did to get my lake home SOLD was phenomenal ! It was my l
Read More...


-
Jean F.


Recent Posts

  • Weekly Market Report
  • Weekly Market Report
  • June Monthly Skinny Video
  • Weekly Market Report
  • Weekly Market Report

Testimonials

My fiancé & I purchased our 1st home thru Joe Kasel. We had a great experience start to finish!
Read More...


-
Alex & Kelsey S.


Thank you for being my Realtor.  What you did to get my lake home SOLD was phenomenal ! It was my l
Read More...


-
Jean F.


We LOVE our new home & location! We appreciate all your time & expertise! It has been a plea
Read More...


-
Jeff & Lisa Z.


Joe helped my fiancé & myself find our 1st home. He was quick to respond when we found somethin
Read More...


-
Joe & Allie B.


As we settle into our new home, we reflect on the kind, patient & supportive service you offered
Read More...


-
Tom & Katie P.


Joe definitely went above and beyond in his duties as our Realtor. He took the time to ensure that a
Read More...


-
Kevin & Cathy
, Maple Grove, MN


Just wanted to drop you a note to let you know how pleased we were with the service you performed fo
Read More...


-
Bob & Elaine
, Roseville, MN


My husband Michael accepted a new job and our family needed to relocate as quick as possible from Ra
Read More...


-
Michael & Lori
, Shoreview, MN


Thanks for doing such a great job marketing our home in Arden Hills! It is hard to believe that it w
Read More...


-
Barb & Brian
, Roseville, MN


Our neighbor Bill referred Joe to us after he sold his Mom’s house in St. Anthony. We told our
Read More...


-
Joy & Tom
, Arden Hills


I worked with Joe on the sale of my mother’s home in St. Anthony Village after someone referre
Read More...


-
Bill
, Arden Hills ----mothers' home sold in St. Anthony Village, MN


We could of never accomplished our goals without your help! How often does a Realtor approach the ow
Read More...


-
Bob & Colette
, North Oaks, MN & St. Anthony Village, MN


Back in November of 2009, we decided to sell our town home. We interviewed a number of realtors, but
Read More...


-
Jeff and Sarah
, New Brighton,MN


I just wanted to send you a quick thank you for all your efforts on our behalf in the sale of our ho
Read More...


-
John & Judy
, New Brighton, MN


In today’s real estate market, Joe knows exactly what to do!    Throughout the sales cycl
Read More...


-
Tina M
, NE Minneapolis, MN


STAY IN TOUCH

JOE KASEL
Sales Executive
612-532-1177
Joe@KaselHomes.com

  • Facebook

Powered By WordPress | 2025 DawnINK LLC