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 aSeller'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
Author:George Moore Phone: 320-420-1759 Dated: February 13th 2017 Views: 392 About George: George has been actively engaged with the housing industry since 1990. His comprehensive expertise i...
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