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Weekly Market Report

May 19, 2025 by aa93wordpress

For Week Ending May 10, 2025

With home prices on the rise, down payments continue to grow nationwide. According to RealtorĀ®.com, buyers paid an average of 14.4% of the purchase price, or $30,250, in the fourth quarter of 2024, a new Q4 record. Overall, 2024 saw the highest down payments since tracking began in 2013, both as a share of the purchase price and as a dollar amount.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING MAY 10:

  • New Listings increased 2.1% to 1,629
  • Pending Sales increased 1.7% to 1,054
  • Inventory increased 3.9% to 8,743

FOR THE MONTH OF APRIL:

  • Median Sales Price increased 3.7% to $399,900
  • Days on Market increased 8.7% to 50
  • Percent of Original List Price Received decreased 0.2% to 99.7%
  • Months Supply of Homes For Sale increased 4.5% to 2.3

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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