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.