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Weekly Market Report

For Week Ending November 15, 2025

The U.S. housing supply gap reached 3.8 million units in 2024, according to an analysis by Realtor®.com. For the first time since 2016, new construction outpaced household formations, with more than 1.6 million units completed last year, the highest level in nearly two decades. While builders are making progress, it would still take about 7.5 years to close the housing gap at the 2024 pace of construction.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING NOVEMBER 15:

  • New Listings increased 0.7% to 1,022
  • Pending Sales decreased 1.8% to 774
  • Inventory increased 0.8% to 10,190

FOR THE MONTH OF OCTOBER:

  • Median Sales Price increased 2.1% to $389,900
  • Days on Market increased 6.7% to 48
  • Percent of Original List Price Received increased 0.3% to 98.1%
  • Months Supply of Homes For Sale decreased 3.6% to 2.7

All comparisons are to 2024

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

Weekly Report

October Monthly Skinny Video

Monthly Skinny Video

Weekly Market Report

For Week Ending November 8, 2025

According to ResiClub’s analysis of the U.S. Census Bureau’s 2024 American Community Survey, 35 million, or 40.3%, of U.S. homeowners are mortgage-free, up from 39.8% in 2023. More than half of these homeowners (54%) are aged 65 or older, a group that represents just over a third (34.1%) of all U.S. homeowners, with 64% owning their homes outright.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING NOVEMBER 8:

  • New Listings increased 9.8% to 1,127
  • Pending Sales increased 5.4% to 780
  • Inventory increased 0.2% to 10,287

FOR THE MONTH OF OCTOBER:

  • Median Sales Price increased 2.1% to $389,900
  • Days on Market increased 6.7% to 48
  • Percent of Original List Price Received increased 0.3% to 98.1%
  • Months Supply of Homes For Sale decreased 3.6% to 2.7

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 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.

Weekly Report

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.

Weekly Report

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.

Weekly Report

September Monthly Skinny Video

Monthly Skinny Video

Weekly Market Report

For Week Ending October 11, 2025

Rising housing costs have led many young adults to delay moving out of their parents’ homes. According to the 2023 American Community Survey (ACS), 19.2% of adults aged 25 to 34 lived with a parent or parent-in-law in 2023—approximately 8.5 million people. Although down from a peak of 22% in 2017-2018, the share of young adults living with parents remains elevated compared to 2000, when fewer than 12% did so.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 11:

  • New Listings decreased 4.3% to 1,343
  • Pending Sales decreased 5.1% to 831
  • Inventory decreased 0.2% to 10,659

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.

Weekly Report

Weekly Market Report

For Week Ending October 4, 2025

Nationally, the best time to buy a home is the week of October 12–18, according to a recent report from Realtor®.com. Historically, this week offers the most favorable conditions for buyers, with higher inventory levels, lower home prices, reduced competition, and a slower market pace. However, the optimal buying window varies across local markets. Some areas have already experienced peak buyer conditions, while others may not reach their ideal period until November or December.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING OCTOBER 4:

  • New Listings decreased 4.4% to 1,409
  • Pending Sales decreased 5.7% to 966
  • Inventory remained flat at 10,688

FOR THE MONTH OF AUGUST:

  • Median Sales Price increased 2.8% to $400,000
  • Days on Market increased 5.0% to 42
  • Percent of Original List Price Received remained flat at 98.7%
  • Months Supply of Homes For Sale remained flat at 2.8

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 September 27, 2025

According to ATTOM’s Q2 2025 Home Equity and Underwater Report, 47.4% of mortgaged residential properties in the U.S. were considered equity-rich—defined as having at least 50% equity—in the second quarter of 2025. This marks an improvement from the first quarter, when 46.2% of mortgaged homes met that threshold, ending a trend of three consecutive quarterly declines.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING SEPTEMBER 27:

  • New Listings decreased 5.7% to 1,293
  • Pending Sales decreased 6.0% to 870
  • Inventory increased 0.2% to 10,763

FOR THE MONTH OF AUGUST:

  • Median Sales Price increased 2.8% to $400,000
  • Days on Market increased 5.0% to 42
  • Percent of Original List Price Received remained flat at 98.7%
  • Months Supply of Homes For Sale remained flat at 2.8

All comparisons are to 2024

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

Weekly Report

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Rave Reviews

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


Thank you for being my Realtor.  What you did to get my lake home SOLD was phenomenal ! It was my l
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-
Jean F.


Recent Posts

  • Weekly Market Report
  • October Monthly Skinny Video
  • Weekly Market Report
  • 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
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-
Tom & Katie P.


Joe definitely went above and beyond in his duties as our Realtor. He took the time to ensure that a
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-
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
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-
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
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-
Joy & Tom
, Arden Hills


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

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