The housing market is full of single family houses for sale Eagan MN. With the onset of the fall season, houses are still plentiful and available for you to choose the right one for your family. Compared to last year the numbers of buyers are lower due to the federal tax incentive ending. Although, Eagan still has plentiful inventory of homes for you to search through. The median sales price has increased for home sellers and this is welcomed information for sellers able to sell their homes.
"The median sales price for houses for sale in Eagan MN for July10th to Sep 10th was $188,000 based on 83 home sales. Compared to the same period one year ago, the median home sales price has increased 1.6%." Statistics can be viewed as an advantage for some, while a disadvantage for others. According to some articles the inventory of homes in the Twin Cities area is approaching an oversupply. This could be good news for those looking for homes, but unfortunate news for those still trying to sell their homes. It is still a ‘buyer's market' and those moving from apartments or buying their first homes will have the best advantage in the current market. For home sellers, the reality of houses for sale Eagan MN may mean a longer than expected time for their house to stay on the market. "Today's data show 8.6 months of inventory for the entire Twin Cities market, "up 30.3 percent from the 6.6 months of supply last year at this time,"" the Minneapolis Area Association of Realtors noted. The reality is the housing market is looking better than 2008, but the ‘normal' housing market that home sellers would like to see still hasn't rebounded back to normal. If you are looking to buy houses for sale Eagan MN there is no time like the present. If you are a home seller the competition is steep, but with patience and a competitive home, you can reap the benefits of the current housing market as well.
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