Braham MN Real Estate Market Update

Braham MN Real Estate Market Update 

August 2016

Whether you are looking to buy or sell property in the Braham MN Real Estate Market, Market Information is critical to help with your decision.  As a result of how important it is I have put together this information in a quick and hopefully easy to understand format.  If you have any questions about this content or about Real Estate in Braham MN please feel free to reach out to us.  We are here to assist in all your Real Estate goals.

 

Active Homes on the Market:  15

Single Family Homes Closed:  8

Average Sales (Sold) Price:  $118,175

Average List Price:  $142,711

Sales Price to List Price Ratio:  96.6%

Average Days on Market:  46

of Homes currently Pending:  11

As you can see just from the numbers above that Inventory (supply) is quite low, demand (Buyer activity) has been steady.  Therefore prices are increasing, Average Days on the Market are trending downward and price per square foot of living space is trending up.  

If you are thinking about buying or selling now is a great time!  Call today to schedule your private consultation about your specific goals.

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All information pulled from the Northstar MLS and is deemed Reliable but not guaranteed.  Pull date:  08/26/2016

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