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Mark Hinks

Real Estate Agent

Weekly Market Report

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For Week Ending May 9, 2026

2026 has been the strongest spring for new listings since 2022, with listing activity up 8.7% month-over-month and 1.1% year-over-year in April, according to Realtor®.com. Among major metropolitan areas, Virginia Beach had the strongest new listing growth at 23.8% year-over-year, followed by Indianapolis at 21.1% and Louisville at 19.2%.

In the Twin Cities region, for the week ending May 9:

  • New Listings increased 4.5% to 1,751
  • Pending Sales increased 14.2% to 1,242
  • Inventory increased 8.9% to 9,999

For the month of April:

  • Median Sales Price decreased 2.0% to $392,000
  • Days on Market increased 14.0% to 57
  • Percent of Original List Price Received decreased 0.4% to 99.3%
  • Months Supply of Homes For Sale increased 8.3% to 2.6

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending May 2, 2026

A family earning the U.S. median income of $104,200 needed to spend 34% of its income on the mortgage for a median-priced new home ($405,300) in the fourth quarter of 2025, down from 35% in the third quarter, according to the National Association of Home Builders/Wells Fargo Cost of Housing Index.

In the Twin Cities region, for the week ending May 2:

  • New Listings increased 10.4% to 1,855
  • Pending Sales increased 3.5% to 1,197
  • Inventory increased 8.1% to 9,815

For the month of March:

  • Median Sales Price remained flat at $380,000
  • Days on Market increased 6.8% to 63
  • Percent of Original List Price Received decreased 0.5% to 98.5%
  • Months Supply of Homes For Sale increased 9.1% to 2.4

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending April 25, 2026

The 30-year fixed-rate mortgage continued its downward trend, with the average rate falling to 6.23% for the week ending April 23, 2026–the lowest level in the past three spring homebuying seasons, according to Freddie Mac. That’s down significantly from the same period one year earlier, when the 30-year FRM averaged 6.81%, easing borrowing costs for prospective homebuyers.

In the Twin Cities region, for the week ending April 25:

  • New Listings increased 3.6% to 1,689
  • Pending Sales increased 20.4% to 1,190
  • Inventory increased 8.5% to 9,493

For the month of March:

  • Median Sales Price remained flat at $380,000
  • Days on Market increased 6.8% to 63
  • Percent of Original List Price Received decreased 0.5% to 98.5%
  • Months Supply of Homes For Sale increased 9.1% to 2.4

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending April 18, 2026

U.S. sales of new residential homes fell 17.6% month-over-month and 11.3% year-over-year to a seasonally adjusted annual rate of 587,000 units in January, according to the most recent data from the U.S. Census Bureau. The median new home sales price declined 4.5% from the previous month to $400,500, a 6.8% decrease from the same time last year.

In the Twin Cities region, for the week ending April 18:

  • New Listings increased 12.9% to 1,655
  • Pending Sales increased 6.8% to 1,120
  • Inventory increased 8.8% to 9,387

For the month of March:

  • Median Sales Price remained flat at $380,000
  • Days on Market increased 5.1% to 62
  • Percent of Original List Price Received decreased 0.5% to 98.5%
  • Months Supply of Homes For Sale increased 4.5% to 2.3

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending April 11, 2026

44.6% of mortgaged residential properties in the U.S. were considered equity-rich—defined as having a loan-to-value ratio of 50% or lower—in the fourth quarter of 2025, according to ATTOM’s Q4 2025 U.S. Home Equity and Underwater Report. That represents a slight decline from the third quarter of 2025, when 46.1% of properties met that threshold. Among states, Vermont had the highest share of equity-rich homes at 87%, followed by New Hampshire at 60.2%, and Rhode Island at 59.4%.

In the Twin Cities region, for the week ending April 11:

  • New Listings increased 11.4% to 1,733
  • Pending Sales decreased 7.0% to 989
  • Inventory increased 5.8% to 8,910

For the month of March:

  • Median Sales Price remained flat at $380,000
  • Days on Market increased 5.1% to 62
  • Percent of Original List Price Received decreased 0.5% to 98.5%
  • Months Supply of Homes For Sale increased 4.5% to 2.3

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending March 28, 2026

Nationally, the best time to sell a home this year is the week of April 12–18, according to recent data from Realtor.com. An analysis of seasonal trends from 2018 to 2025 (excluding 2020) shows that this period offers the most favorable conditions for sellers, including above-average sale prices, heightened buyer demand, a faster market pace, less competition, and fewer price reductions.

In the Twin Cities region, for the week ending March 28:

  • New Listings increased 12.5% to 1,503
  • Pending Sales decreased 12.8% to 913
  • Inventory increased 4.1% to 8,582

For the month of February:

  • Median Sales Price remained flat at $380,000
  • Days on Market remained flat at 69
  • Percent of Original List Price Received decreased 0.3% to 97.4%
  • Months Supply of Homes For Sale increased 4.8% to 2.2

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending March 21, 2026

U.S. housing starts rose 7.2% month-over-month to a seasonally adjusted annual rate of 1,487,000 units, up from a revised 1,387,000 in December, according to the U.S. Census Bureau. The latest reading marks the third consecutive monthly gain and the highest level since February 2025. On a year-over-year basis, housing starts grew 9.5%.

In the Twin Cities region, for the week ending March 21:

  • New Listings decreased 7.0% to 1,293
  • Pending Sales decreased 5.5% to 934
  • Inventory increased 3.7% to 8,460

For the month of February:

  • Median Sales Price remained flat at $380,000
  • Days on Market remained flat at 69
  • Percent of Original List Price Received decreased 0.3% to 97.4%
  • Months Supply of Homes For Sale increased 4.8% to 2.2

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending March 7, 2026

U.S. sales of new residential homes slipped 1.7% in December to a seasonally adjusted annual rate of 745,000, according to the U.S. Census Bureau. Despite the monthly decline, new-home sales were 3.8% higher compared with the same period one year earlier. There were an estimated 472,000 new homes for sale, representing a 7.6-month supply at the current sales pace.

In the Twin Cities region, for the week ending March 7:

  • New Listings increased at 1,486
  • Pending Sales increased 1.7% to 896
  • Inventory increased 3.1% to 7,959

For the month of February:

  • Median Sales Price remained flat at $380,000
  • Days on Market remained flat at 69
  • Percent of Original List Price Received decreased 0.3% to 97.4%
  • Months Supply of Homes For Sale remained flat at 2.1

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending February 28, 2026

The average 30-year fixed mortgage rate fell to 5.98% for the week ending February 26, 2026, marking the first time in 3½ years that rates have dropped below 6%, according to Freddie Mac. While falling rates are welcome news for prospective buyers, they’ve also benefited current homeowners, leading to a recent surge in refinance activity.

In the Twin Cities region, for the week ending February 28:

  • New Listings decreased 11.6% to 1,161
  • Pending Sales increased 0.1% to 870
  • Inventory increased 3.6% to 7,920

For the month of January:

  • Median Sales Price increased 1.4% to $375,000
  • Days on Market decreased 3.0% to 64
  • Percent of Original List Price Received decreased 0.1% to 96.8%
  • Months Supply of Homes For Sale remained flat at 2.0

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending February 21, 2026

Nationally, the number of active listings grew for the 27th consecutive month, rising 10% year-over-year in January, according to Realtor.com’s January 2026 Monthly Housing Market Trends Report. Despite the increase, total inventory remained 17.2% below pre-pandemic levels for the month. The typical home spent 78 days on the market, five days longer than the same period a year ago.

In the Twin Cities region, for the week ending February 21:

  • New Listings decreased 2.4% to 1,117
  • Pending Sales decreased 6.0% to 736
  • Inventory increased 3.4% to 7,866

For the month of January:

  • Median Sales Price increased 1.4% to $375,000
  • Days on Market decreased 3.0% to 64
  • Percent of Original List Price Received decreased 0.1% to 96.8%
  • Months Supply of Homes For Sale remained flat at 2.0

All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.