Market

Weekly real estate market update 5/9/25… new listings and multiple offers soar

The metrics that stood out to me this week were the increase in new listings and multiple offers. New listing were the highest since May 2022 and the increase in...
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March 2025 real estate market update… spring market is rising

Contrary to predictions that home sales would fall, national existing home sales rose 4.2% in March. The Midwest continues to be more insulated and sales remained unchanged. In the Twin...
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Things To Avoid 2025

Weekly real estate market update 4/4/25… things to avoid after you apply for a mortgage

New and coming soon listings increased again this week. Increase in price changes was primarily due to price increases. Sales that fell through and came back on the market increased...
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Weekly real estate market update 3/28/25… best week to list is almost here

Showing activity is continuing to be strong… buyers are out there and they are actively looking. New and coming soon listings have softened this week… but pending sales are the...
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February 2025 real estate market update… closed sales fell 11.8% below last year

US existing home sales fell for the first time since last September. In the Twin Cities, new listings, pending sales and closed sales of all types averaged below below last...
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Weekly real estate market update 3/14/25… heading back to the office? is it time to move?

New and coming soon listings continue to ramp up, as do multiple offers. Showing activity is also on the rise. Listing activity continues to be ahead of last year. It...
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Weekly real estate market update 3/7/25… does new construction make sense for you?

New listings jumped up this week, right on cue… mimicking the same pattern as last year and giving confidence that there will be homes to buy this spring. All metrics...
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Weekly real estate market update 2/28/25… spring market is heating up

New and coming soon listings are rising along with pending sales. The other stat that popped up this week is price changes… price reductions increased 49% this week! Showing activity...
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Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.