Home Prices in Brainerd, MN for June 2016
Real estate market data for Brainerd, MN provided by Jamie Magness of Jamie Magness Distinctive Properties
Brainerd Home Prices
We have seen a steady boom in the market the last few months. If you are considering buying a home having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listing prices have been steadily going up. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Brainerd area homes on which you are making an offer.
If you are interested in how much current inventory is in the market you can find that information by clicking on the link. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
Brainerd Real Estate Report Summary For Homes in the Brainerd School District
The median sale price in June for single family homes is $179,900.
The price per square foot for listings in this area is $87.
There were 1,186 new listings.
There were 881 homes that went pending.
Total homes closed was 841.
Average days on market 127.
Find Homes for Sale in Brainerd MN
Visit my website to search for homes or to be notified when homes come on the market.
To find out what you home is worth in the current market email me or call 218-454-4310.