Just Living in Richfield

Twin Cities Housing Market: A Look at Early Summer Trends (June 2025) The Twin Cities real estate market is always buzzing with activity, and as we head further into summer 2025, the latest data offers some clear insights for both buyers and sellers. While nationally we're seeing a significant increase in housing inventory (up 31.5% year-over-year according to Realtor.com's May report!), the local landscape in the Twin Cities has its own unique rhythm. Let's break down the key takeaways from the week ending June 21st, and the full month of May. Weekly Snapshot: A Glimmer of Buyer Opportunity? For the week ending June 21st, the Twin Cities region showed a few interesting shifts compared to the same week last year: New Listings: We saw a slight decrease of 2.3% , bringing the total to 1,519 new homes entering the market. While a dip, new listings are still consistently coming online. Pending Sales: Sales that went under contract also saw a decline, down 6.2% to 1,029. This...