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

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

Closed home sales 41 vs 40 in Jan 2019 a increase of 2.5%

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

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

The trend we are seeing is that 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.