Housing Market - Check out these stats!

Dated: January 25 2021

Views: 135

The 2020 Housing market information was just released by the Minnesota Association of Realtors

Record low mortgage rates helped bring 2020 to record numbers!

Diring the start of the pandemic, Buyers looked at their housing needs differently.

Home Office?  Extra space? Swimming Pool? Closer Commute to work?

2020 gave us many different reasons to look at your current housing situation.  Interesting fact.... Homes with 4 bedrooms, or more saw the largest increase in market value!   (12.3% was their average increase in value)

Pending sales increased 10.6% over the previous year.  Sellers received an average of 98.6% of their asking price.

The number of homes sold in the $500,001 and above price range rose 33.4 percent.

Homes sold in the $150,001 to $200,000 price range were down 14.1 percent to 6,810 homes.

Call us anytime if you have interest in Buying or Selling!  One of our Realtors can help you search for the right home

Multiple Office Locations To Serve YOU!

Saint Cloud 320-259-4554

Princeton 320-983-3555

Sartell 320-259-4554

Little Falls 320-259-4554

Minneapolis 612-355-1260

Hutchinson 320-455-9127

Litchfield 320-298-1140

 

Premier Real Estate specializes MANY areas around Central MN including Saint CloudWaite ParkRiceRoyaltonSartellRoyaltonLittle FallsCold SpringSaint JosephElk RiverMonticelloRamseySaint MichaelAndoverHam LakeAnokaChamplinBuffaloGlencoeBrowntonSilver LakeKandiyohiDasselMinneapolisMaple GroveSaint Louis Park, Saint Paul, RobbinsdaleCrystalNew HopeBrooklyn CenterBrainerdNisswaAitkinAlbanyCoon RapidsSauk Rapids and more!

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