Seasonal Shifts: How Minnesota’s Weather Impacts MLS Listings and Home Prices
Did you know that since 1999, the National Association of Realtors has tracked seasonal trends in housing to see how market activity rises and falls with the seasons? These insights can give both buyers and sellers a clearer idea of how timing can affect MLS listings in Minnesota.
Why seasons matter in real estate
Seasonality is one of the most consistent patterns in
real estate. The number of sales and the direction of prices, change throughout
the year, often influenced by the weather and holidays, even school schedules
and uncontrollable forces in the market. Understanding these seasonal cycles
helps buyers avoid overpaying and allows sellers to list when demand is
highest. If you're working with MLS listings in Minnesota, timing your move
around peak months can raise your chances of a faster sale or a better deal.
Quick look: How seasons affect MLS
listings in Minnesota
Season |
Market
activity |
Buyer/seller
tip |
Spring |
Listings
increase, demand surges, bidding wars common. |
Sellers can
price higher. Buyers should act fast and expect competition. |
Summer |
Peak season.
Most sales close. Prices stay high. |
Ideal for
families. July = busiest moving month. |
Fall |
Listings
drop. Fewer buyers, but less pressure. |
Good time
for buyers to negotiate. Sellers may need to offer incentives. |
Winter |
Lowest
activity. Prices dip. Fewer listings and buyers. |
Buyers face
less competition. Sellers deal with only serious, motivated buyers. |
Peak season starts in the spring.
From March through May, the housing market in Minnesota
gains momentum. Longer days and warmer weather make home tours more convenient,
drawing more buyers into the market. Families often aim to buy during this
period so they can plan their move during the summer break. As a result, MLS
listings in Minnesota increase, leading to more competition between buyers.
Home prices typically go up, too.
The busiest season
The pace of activity often carries into summer, with
many sales closing between June and August. Demand remains strong, keeping
prices elevated. By late summer, however, activity starts to ease as buyers
settle into their new homes before the school year begins.
NAR data shows this cycle repeats year after year — MLS listings in Minnesota
and prices peak in July, along with sales, and hit their lowest point in
January. Since the housing recovery after the 2008 downturn, prices have
generally trended upward, but the seasonal highs and lows remain consistent.
In the Midwest, summer is the most active time for
buyers because moving in winter is far less appealing. On average, winter sales
reach only about 60% of the volume seen during peak months. The school calendar
also plays a big role — families prefer to wait until summer to avoid
disrupting the school year. According to MovingLabour, July 31 is the single
busiest moving day of the year, with most moves happening between May and
September.
After the summer rush
As the busy season winds down, fall brings a noticeable
shift to the housing market. MLS listings in Minnesota drop, but there are
still serious home buyers at this point. In this case, sellers who list in the
fall may need to adjust pricing or offer incentives as cooler weather and the
holiday season make house hunting less of a priority for many families.
Market activity slows further as temperatures fall.
From December through February, daily sales average just 11,380 — over 5,000
fewer than in the peak months. This seasonal dip also affects pricing. Homes
sold in June are typically about 16% more expensive than those sold in the
winter. On top of that, median days on market stretch from 31 days in June to
49 days in winter, giving buyers more breathing room to weigh their options.
Fall can be an especially favorable time to buy a home
from MLS listings in Minnesota. Homes sold during these months tend to be
around 5% less expensive than summer listings, without the deeper slowdown that
winter brings. With fewer families willing to move mid-school year and the
holidays diverting attention, motivated buyers often find better deals.
External factors like interest rates and overall
economic conditions can magnify or soften these trends, but on average, home
values swing by as much as 10% throughout the year. Timing, therefore, becomes
an important part of a buyer’s or seller’s strategy.
The slowest season
Winter is typically the quietest stretch of the year
for real estate in Minnesota. Harsh weather and shorter daylight hours, as well
as holiday obligations, mean fewer buyers and sellers are active. That said,
there are still highly motivated individuals who create unique opportunities
during this season. For buyers, this might mean negotiating a lower price or
having more choice without competing offers. Sellers just have to work with
committed buyers who are very eager to close.
Seasonality and home sales in Minnesota
The timing of MLS listings in Minnesota can have
a major effect on how quickly homes sell and at what price. Listing during peak
months may bring more buyers and higher offers, while listing in slower months
could mean your home stays on the market longer. Recognizing these patterns
gives both buyers and sellers a clearer path to achieving their goals in
Minnesota’s ever-changing real estate landscape.
FOMO may push more buyers to buy ASAP
Spring and summer bring more MLS listings in Minnesota,
and these seasons also motivate buyers to buy as soon as possible. In addition
to the competitive market, longer days and lax family schedules often spark
bidding wars, driving prices higher. Homes sold in May, for example, average a
13.1% premium above market value. Much of this activity is fueled by the
psychological pull of Fear of Missing Out (FOMO). In fact, surveys show that as
many as 70% of buyers admit their final decision is influenced by emotions
rather than purely logic.
Better negotiation in winter
Come winter, the market slows down with fewer buyers
looking into MLS listings in Minnesota. As such, sellers are more open to
negotiation. When absorption rates fall below 15%, price reductions and
flexible terms become more common. The slower pace means fewer bidding wars,
giving buyers a chance to carefully evaluate homes and negotiate for repairs,
even request concessions. Compared to the premiums of spring and summer, winter
can be a window of opportunity for buyers to secure better deals.
Navigate seasonal shifts with confidence.
Whether you’re buying or selling, timing plays a
critical role in Minnesota’s housing market. At Real Estate Corners,
we make it easier to move forward no matter the season. For FSBO sellers, our
flat-fee MLS listing service starts at just $399. Buyers can take advantage of
our home buying service and earn up to $4,000 in rebates.
Ready to get started? Call us today at (612)
483-1230 to explore MLS listings in Minnesota
and make your next move with confidence.
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