For Week Ending April 12, 2025
The national median mortgage payment remained unchanged at $2,205 in February, and was up 1.0%, or $21, compared to the same time last year, according to the Mortgage Bankers Association. For conventional loan applicants, the national median mortgage payment held steady at $2,226, while the national median mortgage payment for FHA loan applicants dipped to $1,907, down from $1,934 the previous month.
IN THE TWIN CITIES REGION, FOR THE WEEK ENDING APRIL 12:
- New Listings decreased 0.1% to 1,518
- Pending Sales increased 5.4% to 1,057
- Inventory increased 3.1% to 7,956
FOR THE MONTH OF MARCH:
- Median Sales Price increased 3.5% to $380,000
- Days on Market increased 7.3% to 59
- Percent of Original List Price Received increased 0.2% to 99.0%
- Months Supply of Homes For Sale increased 5.0% to 2.1
All comparisons are to 2024
Click here for the full Weekly Market Activity Report. From MAAR Market Data News.
Licensed In Minnesota