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FULTON

Key real estate trends and statistics

Local Market Updates

New listings surged 58.3%, rising from 12 to 19 homes—one of the strongest increases in Southwest Minneapolis. “New Listings 12 19 +58.3%”
Closed sales dipped 12.5%, moving from 8 to 7. “Closed Sales 8 7 -12.5%”
Median sales price fell 10.5%, from $782,500 to $700,000 for the month. “$782,500 $700,000 -10.5%”
Rolling 12‑month median price softened 3.2%, showing a modest long‑term cooling. “$697,450 $675,000 -3.2%”
Average sales price dropped 18.8%, reflecting variability in higher‑end listings. “$904,266 $734,343 -18.8%”
Price per square foot decreased 7.7%, from $353 to $326. “$353 $326 -7.7%”
Days on market improved slightly, from 126 to 122 days. “Days on Market Until Sale 126 122 -3.2%”
Inventory increased 45%, rising from 20 to 29 homes—one of the largest jumps in the area. “Inventory of Homes for Sale 20 29 +45.0%”
Months supply of inventory climbed to 3.1 months, up 63.2%, signaling a shift toward a more balanced market. “Months Supply of Inventory 1.9 3.1 +63.2%”

New listings held steady at 10, unchanged from last year. “New Listings 10 10 0.0%”
Closed sales also remained unchanged, with 8 sales in both 2025 and 2026. “Closed Sales 8 8 0.0%”
Median sales price rose slightly by 0.9%, increasing from $698,750 to $705,000. “$698,750 $705,000 +0.9%”
Rolling 12‑month median price climbed 12.7%, showing strong long‑term appreciation. “$600,000 $676,000 +12.7%”
Average sales price jumped 14.4%, reaching $799,813 for the month. “$699,250 $799,813 +14.4%”
Price per square foot increased 9.6%, rising from $307 to $336. “$307 $336 +9.6%”
Days on market increased from 52 to 61 days, a 17.3% rise. “Days on Market Until Sale 52 61 +17.3%”
Inventory nearly doubled, jumping from 7 to 13 homes for sale. “Inventory of Homes for Sale 7 13 +85.7%”
Months supply of inventory rose sharply, from 0.7 to 1.7 months (+142.9%). “Months Supply of Inventory 0.7 1.7 +142.9%”

New listings fell 33.3%, dropping from 3 to 2 homes. “New Listings 3 2 -33.3%”
Closed sales doubled, increasing from 1 to 2—despite the small sample size. “Closed Sales 1 2 +100.0%”
Median sales price surged 134.8%, rising from $107,500 to $252,450 for the month. “$107,500 $252,450 +134.8%”
Rolling 12‑month median price climbed 12.2%, showing strong long‑term appreciation. “$432,000 $484,500 +12.2%”
Percent of original list price received jumped to 97.7%, up from 89.6% last year. “89.6% 97.7% +9.0%”
Days on market increased from 59 to 83 days, though the rolling 12‑month figure improved significantly (44 → 23 days). “59 83 +40.7%”
Inventory decreased 16.7%, from 6 to 5 homes for sale. “Inventory of Homes for Sale 6 5 -16.7%”
Months supply of inventory tightened, moving from 1.7 to 1.4 months. “1.7 1.4 -17.6%”

New listings dipped 12.5%, moving from 8 to 7 homes. “New Listings 8 7 -12.5%”
Closed sales fell 25%, from 4 to 3, reflecting slower buyer activity for the month. “Closed Sales 4 3 -25.0%”
Median sales price remained stable, inching up 0.2% to $855,000. “$853,000 $855,000 +0.2%”
Rolling 12‑month median price rose 9.2%, showing strong long‑term value growth in the neighborhood. “$705,000 $770,000 +9.2%”
Days on market dropped dramatically, from 90 days to just 2 days — a sign of extremely fast-moving listings. “Days on Market Until Sale 90 2 -97.8%”
Inventory increased 20%, rising from 5 to 6 homes for sale. “Inventory of Homes for Sale 5 6 +20.0%”
Months supply of inventory nudged up to 0.9, still indicating a strong seller’s market. “Months Supply of Inventory 0.8 0.9 +12.5%”

New listings increased 33.3%, rising from 3 to 4 homes. “3 4 +33.3%”
Closed sales dropped to zero, down from 2 last year, reflecting extremely low February activity. “2 0 -100.0%”
Median sales price shows a 22.7% increase over the rolling 12 months, despite no closed sales this February. “$549,900 $675,000 +22.7%”
Inventory doubled, increasing from 2 to 4 homes for sale. “2 4 +100.0%”
Months supply of inventory rose sharply, from 0.4 to 1.1 months (+175%), indicating slightly more breathing room for buyers. “0.4 1.1 +175.0%”
Rolling 12‑month closed sales fell 26.2%, showing a longer‑term cooling trend in buyer activity. “61 45 -26.2%”

New listings increased by 21.3% year-over-year, rising from 47 to 57 homes in February.
Closed sales declined 17.9%, dropping from 39 to 32, indicating softer buyer activity.
Median sales price dipped slightly by 0.6%, from $555,000 to $551,500 for the month, while the rolling 12‑month median rose 8.5%.
Inventory climbed 28.1%, increasing from 57 to 73 homes, giving buyers more options.
Months supply of inventory grew from 1.0 to 1.4, a 40% increase—still a seller‑leaning market but trending toward balance.
Sellers received an average of 99.5% of their original list price, up from 98.2% last year.
Days on market rose slightly, from 78 to 82 days for the month, though the rolling 12‑month figure improved significantly (41 → 32 days).