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Statistics

Homes for sale down in Twin Cities, up slightly statewide

Minneapolis Area Realtors and the St. Paul Area Association of Realtors also put out a report on the Twin Cities regional market. While new listings throughout the state were up, new listings in the Twin Cities declined 1.1% in October, although the report notes that this is the lowest decline since May 2022.
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Rates briefly break 8.0%, further burdening buyers and stifling sellers

According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, metro-wide home prices rose slightly in October
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Prices still strong, sales and listings still slow given stubbornly high rates

Home prices rose slightly in September, as reported by the Saint Paul Area Association of REALTORS® and Minneapolis Area REALTORS®, which jointly share housing market reports with local media each month.
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Prices on the rise again after flattening out; seller activity may be stabilizing

(September 15, 2023) – According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, home prices rose modestly in August. Both buyer and seller activity were lower compared to last year.
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News release: Prices still flat while sales declines continue with rates sticky around 7%

According to new data from Minneapolis Area Realtors® and the Saint Paul Area Association of REALTORS®, home prices were flat in July 2023. Both buyer and seller activity were lower compared to July 2022.
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Prices down slightly again while sellers still getting over asking price

(June 15, 2023) – According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, home prices dipped slightly from last May. Both buyer and seller activity were also lower compared to last year.
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Prices dip for first time since 2012 but sellers still receive over asking price

(May 17, 2023) – According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, home prices dipped slightly from last April. Both buyer and seller activity were also lower compared to last year.
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SPAAR statistics provide timely updates in local housing markets

Check out statistics to gain timely information throughout SPAAR's 12-county service area and throughout the greater Twin Cities.
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Home prices flat, buyer and seller activity still well below last year

(April 14, 2023) – According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, home prices flattened out and held steady from last March. The metro’s median sales price stands at $355,000. Buyer and seller activity are still down around 25.0 percent from year-ago levels.
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