Fall 2025 Twin Cities Real Estate Market Update: What 2.5 Months of Supply Really Means

As we head into the fall season here in the Twin Cities, one question comes up again and again: “So, how’s the market?”

The short answer? Still active - and still leaning toward sellers.

In a balanced market, we typically see about three months of housing supply. That means if no new homes were listed, it would take roughly three months for all the current listings to sell at today’s pace.

Right now, we’re sitting at about 2.5 months of supply across the seven-county metro. That’s slightly tighter than balanced, giving sellers the edge. But it’s also showing early signs of the usual seasonal slowdown.

What That Means for Buyers

Fewer listings mean more competition, especially for homes in great condition and desirable school districts. But there’s opportunity, too. Interest rates have held relatively steady, and buyers who stay active this season could face less competition than they did in the spring.

What That Means for Sellers

With supply still under the balanced 3-month mark, well-priced and move-in-ready homes are selling quickly - often with multiple offers. As we move into fall, pricing and presentation matter more than ever. The homes that shine online and in person still move fast.

Takeaway

Markets change, but clarity and strategy always win. Whether you’re buying your first home or listing your lake property, the key is understanding where your opportunity lies - not just what the headlines say.

Ready to Make a Move?

If you’re thinking about buying or selling this fall, let’s talk strategy. I’ll help you understand your numbers, your options, and your best next step.

👉 Call or text Meaghan Nelson at 218-779-2944

👉 Email: meaghan@blueharborre.com

👉 Follow @MeaghanTheeRealtor on TikTok for more local market updates