New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 27, 2026
Realtor®.com found that buying a home by age 30 is associated with a 22.5% higher net worth at age 50 compared with purchasing a first home in one’s 40s. Moreover, children raised in homeowner households are 18.4% more likely to become homeowners by age 35. The U.S. homeownership rate stood at 65.7% in the fourth quarter of 2025, the highest level of the year, though still below the pandemic-era high of 67.9% in the second quarter of 2020.
In the Twin Cities region, for the week ending June 27:
- New Listings increased 5.5% to 1,526
- Pending Sales increased 9.7% to 1,167
- Inventory increased 6.9% to 11,284
For the month of May:
- Median Sales Price increased 1.2% to $399,900
- Days on Market increased 2.3% to 45
- Percent of Original List Price Received decreased 0.3% to 99.7%
- Months Supply of Homes For Sale increased 3.7% to 2.8
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
Mortgage Rates Decline
July 2, 2026
The 30-year fixed-rate mortgage eased slightly this week averaging 6.43%. With rates at a seven-week low and purchase demand continuing to edge higher, it’s an encouraging sign as prospective homebuyers respond to modest improvements in affordability.
- The 30-year fixed-rate mortgage veraged 6.43% as of July 2, 2026, down from last week when it averaged 6.49%. A year ago at this time, the 30-year FRM averaged 6.67%.
- The 15-year fixed-rate mortgage averaged 5.79%, down from last week when it averaged 5.84%. A year ago at this time, the 15-year FRM averaged 5.80%.
Information provided by Freddie Mac.
New Listings and Pending Sales
Inventory
Weekly Market Report
For Week Ending June 20, 2026
The typical U.S. household spends $39,468 per year on bills, or $3,289 per month, accounting for approximately 47% of annual income, according to doxo’s 2026 U.S. Household Bill Pay Report. Of this total, $24,997 is spent on the 13 most essential household expenses, including housing, utilities, and auto loans. Housing remains the single largest expense category, with mortgage payments totaling $1.08 trillion annually.
In the Twin Cities region, for the week ending June 20:
- New Listings increased 7.0% to 1,656
- Pending Sales increased 8.7% to 1,142
- Inventory increased 6.7% to 11,120
For the month of May:
- Median Sales Price increased 1.2% to $399,900
- Days on Market increased 2.3% to 45
- Percent of Original List Price Received decreased 0.3% to 99.7%
- Months Supply of Homes For Sale increased 3.7% to 2.8
All comparisons are to 2025
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
