January 2020 Market report for Itasca County MN and surrounding areas.

New Listings 78 in Jan. 2020 vs 93 in Jan. 2019 a decrease of 16.1%

Closed home sales 41 in Jan. 2020 vs 40 in Jan. 2019 an increase of 2.5%

Avg sale price $163,415 in Jan. 2020 vs $172,932 in Jan. 2019 a decrease of 5.5%

Active homes for sale 445 in Jan. 2020 vs 671 in Jan. 2019 a decrease of 33.7%

The trend we are seeing is there is a shortage of certain types of homes that are on the market. We had been seeing an increase on the average sale price up in till this month. If your thinking about selling now would be a good time to talk with us to get the highest price out of your home.

These figures were from the Itasca County Board of realtors.