New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending July 25, 2026
As the median age of first-time homebuyers increases, many younger buyers are turning to their parents for financial assistance when purchasing a home. A Veterans United survey found that nearly 6 in 10 parents (59%) have provided or plan to provide financial support to help their children buy a home. Parents assist in a variety of ways, including cash gifts, down payment contributions, and help with closing costs.
In the Twin Cities region, for the week ending July 25:
- New Listings increased 7.2% to 1,572
- Pending Sales increased 7.2% to 1,101
- Inventory increased 7.6% to 11,576
For the month of June:
- Median Sales Price increased 2.1% to $410,000
- Days on Market increased 7.7% to 42
- Percent of Original List Price Received decreased 0.4% to 99.6%
- Months Supply of Homes For Sale increased 7.4% to 2.9
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
Mortgage Rates Average 6.66%
July 30, 2026
The 30-year fixed-rate mortgage averaged 6.66% this week. The housing market continues to benefit from more available inventory, providing prospective homebuyers with additional options and helping support buyer activity as mortgage rates fluctuate.
- The 30-year fixed-rate mortgage averaged 6.66% as of July 30, 2026, up from last week when it averaged 6.58%. A year ago at this time, the 30-year FRM averaged 6.72%.
- The 15-year fixed-rate mortgage averaged 6.04%, up from last week when it averaged 5.96%. A year ago at this time, the 15-year FRM averaged 5.85%.
Information provided by Freddie Mac.
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending July 18, 2026
Baby boomer homeowner households are projected to decline from approximately 32 million in 2022 to about 23 million by 2035, a net reduction of 9.2 million households, according to Freddie Mac. While baby boomers represent roughly 20% of the U.S. population, they accounted for 42% of homebuyers in 2025, according to the National Association of Realtors®, making the aging of the baby boomer generation a significant factor shaping the housing market.
In the Twin Cities region, for the week ending July 18:
- New Listings increased 8.6% to 1,616
- Pending Sales decreased 5.4% to 992
- Inventory increased 6.8% to 11,418
For the month of June:
- Median Sales Price increased 2.1% to $410,000
- Days on Market increased 7.7% to 42
- Percent of Original List Price Received decreased 0.4% to 99.6%
- Months Supply of Homes For Sale increased 7.4% to 2.9
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
