Barb Duthler

612-558-1084

MENUMENU
  • Home
  • Search
  • Listings
  • Resources
    • Sellers
    • Buyers
    • HPDL Neighborhood Association
    • Hale Elementary School
    • Lake Nokomis
    • Nokomis Farmers Market
    • Facebook/MPLS
  • About Barb
  • Contact
  • Reviews

Weekly Market Report

January 13, 2025 by Barb Duthler

For Week Ending January 4, 2025

U.S. pending home sales recently hit a 21-month high, rising 2.2% month-over-month, marking the fourth consecutive month in which contract signings increased, according to the National Association of REALTORS®. On a monthly basis, pending sales increased in the Midwest, South, and West but decreased in the Northeast. Annual gains were reported in all four regions.

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

  • New Listings decreased 18.9% to 710
  • Pending Sales decreased 10.1% to 426
  • Inventory increased 3.3% to 7,191

FOR THE MONTH OF DECEMBER:

  • Median Sales Price increased 4.6% to $370,000
  • Days on Market increased 9.8% to 56
  • Percent of Original List Price Received increased 0.3% to 97.0%
  • Months Supply of Homes For Sale decreased 5.3% to 1.8

All comparisons are to 2024

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

Filed Under: Inventory

Mortgage Rates Continue to Trend Up

January 9, 2025 by Barb Duthler

January 9, 2025
In the first full week of the new year, the 30-year fixed-rate mortgage remained elevated at just under 7 percent. The continued strength of the economy has put upward pressure on mortgage rates, and along with high home prices, continues to impact housing affordability. The lack of entry-level supply also remains an issue, especially for those looking to become first-time homeowners.

Information provided by Freddie Mac.

Filed Under: Interest Rates

New Listings and Pending Sales

January 6, 2025 by Barb Duthler

Filed Under: Listings and Pendings

Inventory

January 6, 2025 by Barb Duthler

Filed Under: Inventory

Weekly Market Report

January 6, 2025 by Barb Duthler

For Week Ending December 28, 2024

The typical homeowner has accumulated $147,000 in housing wealth over the last five years, according to a study by the National Association of REALTORS®. 87% of metropolitan markets (196 out of 226 tracked areas) reported home price gains in the third quarter of 2024, while 7% of markets experienced double-digit price appreciation annually.

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

  • New Listings decreased 14.1% to 328
  • Pending Sales increased 2.6% to 427
  • Inventory decreased 0.2% to 7,435

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 3.4% to $375,000
  • Days on Market increased 25.0% to 50
  • Percent of Original List Price Received increased 0.2% to 97.6%
  • Months Supply of Homes For Sale increased 4.3% to 2.4

All comparisons are to 2023

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

Filed Under: Inventory

Mortgage Rates Reach Highest Point Since July

January 2, 2025 by Barb Duthler

January 2, 2025
Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months. Compared to this time last year, rates are elevated and the market’s affordability headwinds persist. However, buyers appear to be more inclined to get off the sidelines as pending home sales rise.

Information provided by Freddie Mac.

Filed Under: Interest Rates

New Listings and Pending Sales

December 30, 2024 by Barb Duthler

Filed Under: Listings and Pendings

Inventory

December 30, 2024 by Barb Duthler

Filed Under: Inventory

Weekly Market Report

December 30, 2024 by Barb Duthler

For Week Ending December 21, 2024

New-home purchases accounted for 15% of home sales over the past year, the
highest share since 2007, while existing-home purchases accounted for 85%,
according to a recent report from the National Association of REALTORS®. Among
new-home buyers, 42% were most often looking to avoid renovations and
problems with mechanical systems, while 31% of existing-home buyers felt
previously owned homes represented a better overall value.

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

  • New Listings decreased 1.0% to 477
  • Pending Sales increased 3.1% to 605
  • Inventory increased at 7,832

FOR THE MONTH OF NOVEMBER:

  • Median Sales Price increased 3.4% to $375,000
  • Days on Market increased 25.0% to 50
  • Percent of Original List Price Received increased 0.2% to 97.6%
  • Months Supply of Homes For Sale remained flat at 2.3

All comparisons are to 2023

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

Filed Under: Inventory

Mortgage Rates Continue to Rise

December 26, 2024 by Barb Duthler

December 26, 2024
Mortgage rates increased for the second straight week, rebounding after a decline from earlier this month. While a slight improvement in new and existing home sales is encouraging, the market remains plagued by an overwhelming undersupply of homes. A strong economy can help build momentum heading into the new year and potentially boost purchase activity.

Information provided by Freddie Mac.

Filed Under: Interest Rates

  • « Previous Page
  • 1
  • …
  • 6
  • 7
  • 8
  • 9
  • 10
  • …
  • 121
  • Next Page »

Recent Posts

  • New Listings and Pending Sales
  • Inventory
  • Weekly Market Report
  • New Listings and Pending Sales
  • Inventory

Categories

  • Existing Home Sales
  • Interest Rates
  • Inventory
  • Listings and Pendings
  • New Listings and Pendings
  • Newsletter
  • RSS
  • Uncategorized

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
Barb Duthler

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following. Follow me.

  • Facebook
  • Instagram
  • Twitter

Navigation

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Metro Markets
  • Communities
  • Schools

Keep in Touch!

Copyright © 2025 | MSLLC.