What the Annual Housing Report Shows
Each February, the annual housing report provides a useful look back at the completed year and helps frame what buyers and sellers should expect heading into spring. The latest Twin Cities data shows that 2025 closed with steady pricing, modest sales growth, and slightly improved inventory across the 16-county metro.
The overall Twin Cities median sales price rose 2.6% to $390,000 in 2025, while closed sales increased 2.3% and new listings rose 3.8%. Sellers continued to receive an average of 98.7% of original list price, reflecting a market that remains stable but increasingly price-sensitive.
One Edina Takeaway
Edina continues to perform differently than the broader market because pricing, neighborhood quality, and lot characteristics create stronger segmentation at nearly every price point.
One useful year-over-year measure remains median pricing. In 2025, Edina’s median sales price rose from $618,000 to $675,000, a 9.2% increase over the prior year, showing continued resilience in established neighborhoods where inventory remains limited and presentation strongly influences buyer response.
Why This Matters Going Into Spring
Annual reports are most useful because they show where pricing momentum finished before spring demand begins again. In most years, pending sales activity begins building in March and reaches seasonal strength by May, which is why preparation and pricing decisions made early in the year often matter most.
The broader 2026 outlook points toward stabilization rather than sharp market change. Mortgage rates remain elevated compared with recent years, but inventory has improved enough to give buyers more options and reduce urgency compared with the post-pandemic market.
Access the Full Annual Report
For buyers and sellers who want deeper metro-wide context, the full Twin Cities Annual Housing Report provides detailed pricing, inventory, and sales trends across the 16-county region.
For local perspective, current Edina homes for sale and neighborhood trends in Rolling Green help translate annual market movement into pricing decisions at the street level.
