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

October 26, 2026 by

For Week Ending October 10, 2026

The 30-year fixed-rate mortgage averaged 7.40% as of October 8, up from 7.28% a week earlier and 6.30% a year ago, according to Freddie Mac. The 15-year fixed rate mortgage averaged 6.73%, up from 6.60% the prior week. The 30-year average has now risen for seven straight weeks.

In the Twin Cities region, for the week ending October 10:

  • New Listings decreased 1.5% to 1,353
  • Pending Sales decreased 12.8% to 735
  • Inventory increased 12.2% to 12,512

For the month of September:

  • Median Sales Price increased 1.3% to $395,000
  • Days on Market increased 11.4% to 49
  • Percent of Original List Price Received decreased 0.7% to 97.7%
  • Months Supply of Homes For Sale increased 13.8% to 3.3

All comparisons are to 2025

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

Filed Under: Weekly Report

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