The City of Annandale, MN Market Update
The MLS indicates that prices for the City of Annandale, MN have increased for the month of December, and have remained steady year to date. This is for all types of properties that have sold within the City of Annandale.
The data for this market update is based on the above search criteria over the past 12 months.
The homes that were selected for this trend line were all single family home sales within the City of Annandale, MN for the past 12 months, for the exact search criteria see the map above. This market analysis indicates that prices are considered to be increasing, as indicated by the chart above. This is similar for what is happening for the overall market, as indicated by the MLS statistics above. Distressed sales (Bank REO's & Short Sales) still play a factor in the market, and make-up approximately 61% of the sales. The decline in inventory levels (29%) and will have an impact on values.
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