Itasca County real estate market for Feb. 2021
New listings Feb. 2021 - (53) vs Feb. 2020 - (82) a decrease of 35.4%
Closed Sales Feb. 2021 - (47) vs Feb. 2020 - (60) a increase of 16.1%
Avg Sale Price Feb. 2021 - $180,662 vs Feb. 2020 - $160,721 a increase of 12.4%
Homes for sale. Feb. 2021 - (167) vs Feb. 2020 - (484) a decrease of 65.5%
Currently there is a 1.4 months supply of homes for sale based on the absorption rate of the market.
It is still a sellers market out there. Low inventory, coupled with strong buyer demand. If you are thinking of selling, now is the time! Give us a call 218-326-0323. We have a list of buyers pre-approved and ready to purchase.
These numbers are from the Itasca Board of realtors.