Market

Weekly real estate market update 1/10/25… 2025 housing forecasts

Market stats over the last few weeks clearly show that I wasn’t the only one taking time off during the holiday season. The market slowed down over the holidays starting...
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Weekly real estate market update 12/20/24… the biggest perks of buying a home in the winter

As new listings, price changes, coming soon and back on the market listings all are falling into the season, pending sales are holding steady and multiple offers increasing a bit....
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November 2024 real estate market update… inventory of houses 4.3% below last year, condos 30.7% above

Condo inventory continues to increase at a higher rate than townhouses… and the number of houses for sale decreased compared to last year for the first month this year. Breaking...
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Weekly real estate market update 12/13/24… market is steady, builders are trying to catch up

Showing activity is on track with last year at this time… higher than in 2021 and 2022. New, pending, coming soon listings are steady, as are price changes. The market...
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Weekly real estate market update 12/6/24… winter sweet spot is a good time to buy and sell

Showing activity dropped as usual over Thanksgiving as we move into the holiday and winter season. New listings, price changes and pending sales are in lock step as properties coming...
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Weekly real estate market update 11/22/24… showing activity highest in 5 years

Showing activity shows that buyers are still looking. Activity has been consistent since Labor Day… and this week is the highest in the last five years… a good sign it...
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October 2024 real estate market update… condo supply soars over townhouses and houses

Overall nationwide inventory increased by 23% in October, to a 4.3 months supply. In the Twin Cities metro area overall inventory also increased, but only by 4.0% to a 2.6...
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Weekly real estate market update 11/15/24… price reductions increase

Noticeable change this week is an increase price reductions, resulting in more multiple offers. Another interesting change is an increase in listings back on the market… meaning the sale fell...
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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.