How Long will it take to Sell my House in MN?

How Long will it take to Sell my House in MN?

 

The Minnesota Real Estate Market is Moving Quickly! How Quick? When compared to the rest of country, Minnesota is in the top 5! Statistics show that on average, houses are selling in under 30 days!!! This is great news for sellers! What Seller doesn't want to sell at list price? What seller doesn't want a bidding war over their home, getting them top dollar? While this situation make most sellers happy, it is also a bit frightening... Quick sales...
Frustrated with the Low Number of Homes for Sale in the Real Estate Market?

Frustrated with Low Number of Homes for Sale in the Real Estate Market? 

 

Are you trying to find a house to make your home? Are you frustrated with the choices and being in multiple offer situations? If this is you, there are options to consider.

 

1) New Construction IS an option... Find a builder that can build you the home you are looking for! It is important to align yourself with the right builder! Some builders will not allow you to make any changes to an existing floor plan and wil...

Get the Skinny on Real Estate Trends in Your Area! April 2016

  

The common theme being spoken in Real Estate right now is LACK of HOMES for SALE!!! The statistics for March have been gathered and should not be a surprise to those that have been following the Real Estate Trends in the Twin Cities!

From March 2015 to March 2016...

The # of homes for sale is down 20.6%!!!

The month supply of homes for sale is 2.5

The prices are UP 5.7% with a median sales price of $222,000

Mortgage Rates...

Get the Skinny on Real Estate Trends in Your Area! March 2016

The Statistics for February are in... A lack of homes for sale in the Market is the theme... 

The number of homes on the market for sale is down 19.4% from February 2015! 

The month supply of inventory is still low at 2.3 months!

The Median Sales price rose 3.7% from February 2015!

Sellers are netting 95.3% of their list price!

SUPPLY AND DEMAND!!! Lack of choices + Buyers who want a home = Multiple offer situations that drive u...
Median Home Values in Rogers are Rising!

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...
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Rachel Fredrickson
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