Bruce Erickson

612-382-4099

Home
Compass PN
MENUMENU
  • Home
  • Our Listings
  • Resources
    • Sellers
    • Buyers
  • News
  • Contact
1 2 3 4 5 6

Gain from experience

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

More about Bruce

Weekly Market Report

October 5, 2026 by

For Week Ending September 26, 2026

The 30-year fixed-rate mortgage averaged 7.28% as of October 1, up from 7.03% a week earlier and 6.34% a year ago, according to Freddie Mac. The 15-year fixed rate mortgage averaged 6.60%, up from 6.42% the prior week. For active buyers, an updated payment estimate can show how the latest rate change affects their monthly principal-and-interest payment.

In the Twin Cities region, for the week ending September 26:

  • New Listings increased 11.8% to 1,467
  • Pending Sales decreased 14.9% to 748
  • Inventory increased 11.0% to 12,460

For the month of August:

  • Median Sales Price increased 1.0% to $404,000
  • Days on Market increased 7.1% to 45
  • Percent of Original List Price Received decreased 0.6% to 98.2%
  • Months Supply of Homes For Sale increased 10.7% to 3.1

All comparisons are to 2025

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

Filed Under: Weekly Report

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Area Links
  • Schools

Greet me and meet me on social media. You can follow my new listings and changes in the marketplace on any of the following. Follow me.

  • Facebook
  • Instagram
  • Twitter

Navigation

  • Calculators
  • Finding A Loan Officer
  • The Loan Process
  • Mortgage Glossary
  • Markets Updates
  • Area Links
  • Schools

Keep in Touch!

Realtor & Housing

Licensed In Minnesota

All information deemed reliable but not guaranteed and should be independently verified.