Christine Hazel

Weekly Market Report

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For Week Ending January 24, 2026

U.S. new-home sales rose 18.7% year-over-year in October, reaching a seasonally adjusted annual rate of 737,000 units, according to long-awaited data from the U.S.Census Bureau. On a monthly basis, sales were essentially flat, dipping just 0.1% from September’s 738,000 units. The median new-home sales price fell 3.3% month-over-month to $392,300, down 8% from October 2024.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 24:

  • New Listings decreased 11.2% to 806
  • Pending Sales decreased 5.6% to 571
  • Inventory decreased 0.3% to 7,510

FOR THE MONTH OF DECEMBER:

  • Median Sales Price increased 2.7% to $380,000
  • Days on Market increased 3.6% to 58
  • Percent of Original List Price Received decreased 0.2% to 96.8%
  • Months Supply of Homes For Sale remained flat at 2.0

All comparisons are to 2025

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

Weekly Market Report

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For Week Ending January 17, 2026

The average 30-year fixed mortgage rate fell to 6.06% the week ending January 15, 2026, the lowest level since September 2022, according to Freddie Mac. The Mortgage Bankers Association noted that lower rates have coincided with a rise in purchase and refinance applications, as borrowers respond to recent improvements in affordability.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING JANUARY 17:

  • New Listings decreased 3.6% to 914
  • Pending Sales decreased 15.1% to 512
  • Inventory decreased 1.3% to 7,441

FOR THE MONTH OF DECEMBER:

  • Median Sales Price increased 2.7% to $380,000
  • Days on Market increased 3.6% to 58
  • Percent of Original List Price Received decreased 0.2% to 96.8%
  • Months Supply of Homes For Sale decreased 5.0% to 1.9

All comparisons are to 2025

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