The share of first-time homebuyers fell to a record low of 21% in 2025, while the median age of first-time buyers climbed to an all-time high of 40, according to the National Association of Realtors®’ 2025 Profile of Home Buyers and Sellers. Among first-time buyers, the leading sources of down payments were personal savings (59%), financial assets such as 401(k) accounts or stocks (26%), and gifts or loans from family and friends (22%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECEMBER 13:

• New Listings decreased 11.6% to 658
• Pending Sales decreased 17.9% to 545
• Inventory decreased 2.0% to 8,775

FOR THE MONTH OF NOVEMBER:

• Median Sales Price increased 2.8% to $386,647
• Days on Market remained flat at 50
• Percent of Original List Price Received decreased 0.2% to 97.4%
• Months Supply of Homes For Sale decreased 4.0% to 2.4

All comparisons are to 2024

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

At last measure, 34% of older households (those led by someone age 65 or over) were cost burdened, according to Harvard University’s Joint Center for Housing Studies’ State of the Nation’s Housing 2025 report. Over 12.4 million of these households spent more than 30% of their income on housing, and more than half of them (6.7 million) paid over 50% in 2023.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING DECDEMBER 6:

• New Listings decreased 2.1% to 835
• Pending Sales decreased 8.8% to 656
• Inventory decreased 1.4% to 9,093

FOR THE MONTH OF NOVEMBER:

• Median Sales Price increased 2.8% to $386,647
• Days on Market remained flat at 50
• Percent of Original List Price Received decreased 0.2% to 97.4%
• Months Supply of Homes For Sale decreased 4.0% to 2.4

All comparisons are to 2024

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

U.S. homeowners earned an average profit of 49.9% on the sale of single-family homes and condominiums in the third quarter of 2025, according to ATTOM’s latest U.S. Home Sales Report. That figure is up slightly from 49.3% in the second quarter, but remains below the 55.4% recorded during the third quarter of 2024. The typical homeowner realized a profit of $123,100 in the third quarter, up 1.9% from the previous quarter but down 3.5% from a year earlier.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING NOVEMBER 29:

• New Listings decreased 11.6% to 465
• Pending Sales decreased 7.0% to 556
• Inventory increased 0.5% to 9,671

FOR THE MONTH OF OCTOBER:

• Median Sales Price increased 2.1% to $389,900
• Days on Market increased 6.7% to 48
• Percent of Original List Price Received increased 0.3% to 98.1%
• Months Supply of Homes For Sale decreased 3.6% to 2.7

All comparisons are to 2024

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

Nearly one-third (32.8%) of all homes sold in the first half of 2025 were paid for in cash, down 0.6% from the same period last year, according to a recent report from Realtor®.com. Cash sales were most common at the low and high ends of the price spectrum and vary across regions, with lower-priced and second-home markets often seeing more all-cash transactions than other areas.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING NOVEMBER 22:

• New Listings increased 8.1% to 949
• Pending Sales decreased 2.3% to 773
• Inventory increased 0.4% to 9,994

FOR THE MONTH OF OCTOBER:

• Median Sales Price increased 2.1% to $389,900
• Days on Market increased 6.7% to 48
• Percent of Original List Price Received increased 0.3% to 98.1%
• Months Supply of Homes For Sale decreased 3.6% to 2.7

All comparisons are to 2024

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