Northfield YTD Home Sales Exceed All of 2010

By
Industry Observer

For 2011, Northfield sold home totals have already exceeded homes sold for all of 2010.  According to data provided by the Regional Multiple Listing Service of Minnesota, Inc., there were 198 homes sold in 2010, and the year to date sales are 203.  With another 23 sales under contract pending final closing, and two and a half months before the end of the year, it's possible that this could be the best year in the last five in terms of total units sold.  

It's good to see signs of increased home buying activity in Northfield, and it should encourage folks who have felt that their residential mobility has been stalled.  There are still many instances where listed homes have failed to sell (141 cancelled or expired so far this year), and that can be frustrating to someone who would like to change residences.  If you have a home that was on the market and the listing expired without a sale, contact me if you want a candid analysis of the reasons for the failed listing. 

Posted by

 Mike Carlier  Lakeville, MN

 

612-916-3033

 

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Topic:
Real Estate Market Trends
Location:
Minnesota Rice County Northfield
Groups:
Minnesota Real Estate
Tags:
northfield
home sales

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Mike Carlier

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