Get the Skinny on Real Estate Trends in Your Area! February 2016
The Market continues to CLIMB! January Real Estate statistics have been gathered and the picture it is painting make our local real estate market a seller's market!
January 2016 showed the following changes from January 2015.
*A 17.8% increase in closed sales
*A 3.5% increase in pending sales
*A 22.2% decrease in the number of homes for sale
*A 10.3% increase in the median sales price
*A 32.3% DECREASE in the mont...2015 has come to an end... Real Estate Continued to Appreciate!!!
The Data has been crunched, the numbers compiled and the report written! The Minneapolis Area Association of Realtors 2015 Annual Report is out!
Overall the data showed...
*The number of new listings increased 5.1% in 2015 from 2014.
*The number of closed sales rose 13.7% in 2015 from 2014.
*The number of homes for sale fell 21.8% in 2015 from 2014.
*The median sales price rose 7.0% in 2015 from 2014.
*The average sales pr...Get the Skinny on Real Estate Trends in Your Area! January 2016
The Minneapolis Area Association of Realtors has released the December 2015 statistics. The link below is predicting a 'balanced market' in 2016. I'm not sure how... Maybe the predicted interest rate increases will slow things down a bit, but with inventory levels this low. It will take a lot of houses to balance this market.
December #'s
Closed Sales up 12.1%
Pending Sales up 12.3%
Number of Homes for Sale down 21.8% leaving...Albertville Soon to be Home to a New
MN Entertainment Venue!!!
Breaking Ground this Summer, 2016, an AMAZING entertainment location that can be enjoyed year round! It is noted that the waterpark will be 50,000 sq ft!!! A new Marriott Hotel with 275 rooms will also be built to accommodate the waterpark!
It is thought that this new entertainment venue will create 2,000 more jobs! What great news for the area!!!
Click here to read the full Star and Tribune article!
What do you think...
Median Home Values in Rogers are Rising!
Home Values in Rogers rose 5.5% in 2015! This is GREAT news! Two things this graph doesn't tell you:
1) Sellers recevied 97.5% of their original list price!
2) 2015 started with 4.1 months worth of homes on the market in January and ended with 3.1 months supply of homes on the market in December 2015!
If you have ever thought about selling, now would be a great time to talk to me! Spring is the best time to list your home for sale in...
How to Succeed in Real Estate! Come hear Bill Pankonin Speak! What he has to say has the potential to change your today and tomorrow! He is Truly Amazing!
Please RSVP~
