Itasca real estate market for Jan 2021

New listings Jan. 2021 - (37) vs Jan. 2020 - (77) a decrease of 51.9%

Closed Sales Jan. 2021 - (69) vs Jan. 2020 - (41) a increase of 68.3%

Avg Sale Price Jan. 2021 - $234.329 vs Jan. 2020 - $163,319 a increase of 43.5%

Homes for sale. Jan. 2021 - (177) vs Jan. 2020 - (499) a decrease of 64.5%

Currently there is a 1.5 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.

These numbers are from the Itasca Board of realtors.