Feb 13 2017 24302 2

Feb 13 2017 24302 2

Here is a Market Snapshot for  a north St. Cloud  Residential home, 3 beds, 2 baths.

Homes for Sale

90 day trend

  • 21% decrease in inventory

  • 26 New Listings

  • 25 Sold Listings

It looks like it's a Seller's Market

Of the 3 bedroom, 2 bath Single-family homes in this area in the last 3 months, 25 homes have sold and 27 are currently on the market. Plus, 26 new listings came on the market and 25 were sold. This means there is 3.2 months of inventory in the market today. A balanced market is defined as having 5 - 7 months of inventory, while a seller’s market has less than 5 months of inventory and a buyer’s market has more than 7 months of inventory.

MONTHS OF
INVENTORY

Currently 3.2 Seller's Market Neutral Buyer's Market 5-7

Average Asking Price  $179K


Median for Sale Price  $147K

Median Sold Price  $136K



# Recent Highest Lowest Average
For Sale 26 02/04/2017 $314,900 $45,000 $178,785
Sold 25 02/01/2017 $303,591 $63,000 $152,748



George Moore Headshot
Author:
Phone: 320-420-1759
Dated: February 13th 2017
Views: 186
About George: George has been actively engaged with the housing industry since 1990. His comprehensive expertise i...

1 Response

  1. Nathan Rieland

    That was very interesting. Would you do one for St. Joseph, MN?

    Feb.15.2017

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Premier Real Estate Services
550 25th Avenue North
St. Cloud, MN
320-537-1371


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