Alex area Real Estate figures

By
Real Estate Agent with Edina Realty

I've been looking at some of the numbers from the local mls reports.

Here are just a few of the numbers-

Sold Market Analysis

Residential- last year  this year  sold last year  sold this year

 city(Alex)      151         158            30                  30

area 2            148        107            16                 20

Area 2 is around Alex,carlos,Ida,Lagrand.

The average sale price is up 33% in the city $125,688 last year to $167,500 this year.

The average sale price is down in area 2 from $192,644 to $169,867.(-11%)

Active Listings

Bare Land     active    new   pend   sold

city               140      85      1         4   avg price- $51,588

area 2           303      96      5        10  avg price- $54,135

Res/w acreage

city                112      93     13     32   avg price-$ 176,953

#2                  110     84     13    31    avg. price- $ 179,479

What do these numbers tell us?

To me it says BOY are there alot of choices out there!! There are so many buildings lots to choose from.

Buyers have plenty of options.

 

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