05/21/2026
There’s an interesting shift happening in real estate right now.
Nationally, sellers outnumber buyers by nearly 50%, creating more price reductions, longer market times, and stronger negotiating power for buyers.
Minnesota, however, is in a very different position — we’re sitting at only about a 9% gap between sellers and buyers.
What does that mean? Our market remains much more balanced than many parts of the country.
Homes that are well-prepared and properly priced are still selling, but buyers are becoming more selective and negotiations are back. Inspection requests, closing cost concessions, and pricing strategy matter again.
For buyers, there’s finally a little more breathing room than the frenzy of 2021–2022 — but desirable homes are still moving quickly because inventory remains relatively tight here in Minnesota.
The biggest takeaway: real estate is hyper-local again. National headlines don’t always reflect what’s happening in the Twin Cities market.
If you’re curious what this means for your neighborhood, home value, or buying plans, I’m always happy to talk strategy.
