Market Update Mora MN

Market Update Mora MN

December 2016

Here is the Market Update for the Mora MN homes that are not waterfront properties. Sold data coming from the past 3 months.

Properties Currently Active on the Market:  36

Single-Family Homes closed:  142

Average Sales Price: $123,772

Average List Price:  $149,207

Sales Price to List Price Price Ratio:  96.2%

Average Days on Market: 104

Sales Currently Pending:  11

While 2017 will have some challenges there are some positive trends to look out. Experts are saying that there are four challenges that buyers and seller will face in 2017.  Read the report in the National Association of Realtors Magazine.  Having a solid plan in 2017 will be necessary for all buyers and sellers.  #LowInventory #RisingInterestRates #SellerStrategies #BuyerStrategies

Trending shows that the sellers in Mora MN area don't like to list over the winter months however buyers are starting to show consistent purchasing power throughout the year.   Check out the three year graphs below.

If you are thinking about moving, connect with me to learn:

strategies to prepare your home for market,

receive an in depth market analysis

and marketing strategy.  

 

Look for homes for sale in Mora

All information pulled from the NorthStar MLS on 8/26/2016 deemed reliable but not guaranteed.

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