April 3, 2025 - 19:05
While it’s still technically a seller’s market, homes in the Twin Cities are taking longer to sell than they have in the past seven years. This shift presents a unique opportunity for prospective buyers who may have felt sidelined in a competitive market. Recent trends indicate that the average time a home spends on the market has increased, allowing buyers more time to make informed decisions without the pressure of immediate competition.
Additionally, with interest rates stabilizing, many buyers are finding that they can afford more options than before. The increased inventory of homes available for sale is also contributing to a more balanced market, giving buyers a wider selection to choose from.
As the housing landscape continues to evolve, those looking to purchase a home in the Twin Cities may find this to be one of the most favorable times in recent years to embark on their house-hunting journey. With careful planning and research, buyers can navigate this shifting market to find their ideal home.
