June 2026
U.S. existing-home sales rose 3.2% month-over-month and year-over-year to a seasonally adjusted annual rate of 4.17 million units, the National Association of REALTORS® (NAR) reported, marking the highest level since December 2025.Regionally, sales increased from the previous month in the Northeast, Midwest, andSouth, while remaining flat in the West. On a year-over-year basis, sales grew in the Midwest, South, and West but declined in the Northeast.
New Listings in the Twin Cities region increased 10.5 percent to 7,268. Pending Sales were up 9.7 percent to 5,171. Inventory levels rose 5.1 percent to 10,897 units.
Prices continued to gain traction. The Median Sales Price increased 2.1 percent to$410,000. Days on Market was up 7.7 percent to 42 days. Buyers felt empowered as Months Supply of Homes for Sale was up 3.7 percent to 2.8 months.
Nationally, there were 1.55 million homes available for sale heading into June, a 3.3%increase from the previous month and 0.6% higher than one year earlier, representing a 4.5-month supply at the current sales pace, according to NAR. Home prices also rose, with the median existing-home price climbing to $429,300 nationwide, an alltime high for the month and 1.3% higher than a year earlier.
– SAINT PAUL AREA ASSOCIATION OF REALTORS®
