November 2019 Market statistics for Itasca County

  1. New listings 2018 - 68 vs 2019 - 65  that's a drop of 4.4%

  2. Closed Sales 2018 - 101 vs 2019 - 84 that's a drop of 16.8%

  3. Avg. Sale Price 2018 - $156,723 vs 2019 - $179,793 that's an increase of 14.7%

  4. Number of homes for sale 2018 - 786 vs 2019 - 571 that's a decrease of 27.4%

Over all year to date numbers are new listings are down from last year and the average sale price is up from last year. There is still a 5.5 month supply of property for sale in the Itasca County area which is down from last year. This is why your seeing an increase in the average sale price. Its still not a sellers market but we are closer to that than we were a year ago. This information is provided by the Itasca Board of Realtors.