Bruce Erickson

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Over fifteen years of real estate experience in Minneapolis ans surrounding communities.

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Weekly Market Report

November 17, 2025 by nimdaerickson

For Week Ending November 8, 2025

According to ResiClub’s analysis of the U.S. Census Bureau’s 2024 American Community Survey, 35 million, or 40.3%, of U.S. homeowners are mortgage-free, up from 39.8% in 2023. More than half of these homeowners (54%) are aged 65 or older, a group that represents just over a third (34.1%) of all U.S. homeowners, with 64% owning their homes outright.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING NOVEMBER 8:

  • New Listings increased 9.8% to 1,127
  • Pending Sales increased 5.4% to 780
  • Inventory increased 0.2% to 10,287

FOR THE MONTH OF OCTOBER:

  • Median Sales Price increased 2.1% to $389,900
  • Days on Market increased 6.7% to 48
  • Percent of Original List Price Received increased 0.3% to 98.1%
  • Months Supply of Homes For Sale decreased 3.6% to 2.7

All comparisons are to 2024

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

Filed Under: Inventory

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