According to research done by the Minneapolis Area Association of Realtors (MAAR), there are 228 houses on the market, with 22 new listings and 15 closed sales during the month of November.

The average time on the market for the closed sales were 200 days (almost 7 months).  This is up by one month over last year (166 days for sales that closed during November 2006).

The average sale price was $191,160.  This is down by 7.7% or over $15,000 from last year; the average sale price during November 2006 was $207,032.

You can view the MAAR statistics for New Richmond by visiting http://www.mplsrealtor.com/Segments/Realtors/The100/New-Richmond.pdf