Bruce Erickson

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.

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.