The Twin Cities market shows balance, with 4% more listings and 2% stronger sales.”

If you’ve been keeping an eye on the Twin Cities real estate market, I’ve got some good news: it’s steady, balanced, and showing healthy signs of growth. Here’s a breakdown of the latest numbers in our market: 

Listings and sales. New listings are up about 4%, and sales are up around 2%. That means activity hasn’t slowed down. Buyers and sellers are still active, even as the market adjusts. Homes now average 48 days on market, compared to 42 last year, a small change in the big picture.

Home values. Home values continue to climb, rising 3.5% year-over-year. Sellers are seeing stronger returns, and buyers still have opportunities as long as they move quickly when they spot value. On average, homes are selling for about 99% of their asking price. That tells us two things: pricing matters, and fair pricing often leads to faster offers.

“Housing markets are hyperlocal. What’s true nationally may not apply here.”

Inventory.  We have about three months of supply, which is considered a balanced market. This means neither buyers nor sellers have a clear upper hand, creating a healthier environment for negotiations.

Why local data matters more than headlines. Real estate is always local. While national headlines might sound dramatic, they often don’t reflect what’s happening in Minneapolis, St. Paul, or your own neighborhood. Even within the Twin Cities, different areas can look very different when it comes to pricing, demand, and days on market.

If you want to know what these numbers mean for your specific property or buying plans, don’t rely on broad headlines. Reach out for a local perspective tailored to your home or neighborhood. Contact us at (651) 998-9829 or info@holzgroup.com. In a market like this, the right data can make all the difference.