Here in some statistical data on the Sauk Rapids MN market.
Average Asking Price $212,000
90 day trend
Average Days on Market 54 days
Average days on market for all comparable homes
Avg Days on Market
Some of the 3 bedroom, 2 bath Single-family homes in this area have been on the market 227 days while the average time is 57 days. Homes that sold in the last 3 months have taken up to 124 days while the average time is 52 days. The minimum is 2 days.
Homes for Sale
90 day trend
31% increase in inventory
It looks like it's aSeller's Market
Of the 3 bedroom, 2 bath Single-family homes in this area in the last 3 months, 11 homes have sold and 16 are currently on the market. Plus, 17 new listings came on the market and 11 were sold. This means there is 4.4 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.
Author:George Moore Phone: 320-420-1759 Dated: February 13th 2017 Views: 272 About George: George has been actively engaged with the housing industry since 1990. His comprehensive expertise i...
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