Ted Bergstrom

MN Real Estate Team

612.723.5444

Ted@TedBergstrom.com

Weekly Market Report

For Week Ending March 8, 2025

47.7% of mortgaged residential properties in the U.S. were considered equity rich—having a loan-to-value ratio of 50% or lower—in the fourth quarter of 2024, according to ATTOM’s Q4 U.S. Home Equity and Underwater Report. This is down from 48.3% in the third quarter, but up from 46.1% one year earlier. The highest levels of equity-rich mortgaged properties were in Vermont (86.7%), New Hampshire (61.4%), and Maine (61.1%).

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING MARCH 8:

  • New Listings increased 8.2% to 1,451
  • Pending Sales decreased 5.1% to 866
  • Inventory remained flat at 7,222

FOR THE MONTH OF FEBRUARY:

  • Median Sales Price increased 6.1% to $380,000
  • Days on Market increased 16.9% to 69
  • Percent of Original List Price Received increased 0.2% to 97.7%
  • Months Supply of Homes For Sale increased 5.3% to 2.0

All comparisons are to 2024

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