Minnetonka’s rolling three-month data through April 2026 shows more homes coming on the market and more buyers writing contracts. Active listings are up slightly year over year, while new listings have risen over 14 percent, giving shoppers more options than last spring. Homes sold and pending sales are also higher than a year ago, signaling steady buyer demand even as inventory grows.
Pricing has reacted by moving upward but not dramatically. The typical home value is about 4 percent higher than a year ago, yet the median list price is roughly flat year over year, suggesting sellers are testing the market carefully while buyers keep an eye on value.
Conditions still lean toward sellers, with months of supply at just 2.4, down from a year ago and consistent with a seller’s market. Homes now take a median of 25 days to go under contract, almost twice as long as a year ago, but more than half are still off the market within two weeks, and roughly 31 percent are closing above list price. The average sale-to-list ratio sits just under 100 percent, indicating most deals are landing very close to asking. In this kind of market, both buyers and sellers can benefit from an Agent Pronto–recommended real estate professional who understands Minnetonka’s current trends and pricing dynamics.
