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How the Kanabec County Real Estate Market Has Changed in 2008.

By
Real Estate Agent with Century 21 Moline Realty 40022101

Everyone knows the market has changed, but how about some actual numbers to give you an idea of what's going on in Mora, MN and surrounding areas?

From January 1st to March 31st, 34 homes were sold in Kanabec County.  The average list price was $113,506, and the average number of days on market was 193.8.  The average sale price was $106,230.  17 of the 34 sold were $100,000 and less.

From April 1st to June 30th, 35 homes sold in Kanabec County.  The average list price was $116,714, and the average number of days on market was 160.5.  The average sale price was $109,414.  Once again, 17 of the 35 sold were $100,000 and less.

From July 1st to September 30th, 43 homes sold in Kanabec County.  The average list price was $146,542 and the average number of days on market was 195.8.  The average sale price was $139,473.  20 of the 43 homes sold were $100,000 and less.

From September 30th to December 15th, 16 homes have sold in Kanabec County.  The average list price was $96,331 and the average number of days on market was 197.3.  The average sale price was $92,850.  10 of the 16 homes sold so far in this quarter were $100,000 and less.

As you can see, the late summer/early fall season was the best season this year, with an average sale price of $139,473.  As winter closes in, sales go down.  Who wants to move in the snow? 

I am anxious to see what 2009 brings to home sales in Mora, Minnesota and the surrounding area!

Posted by

Joslyn Panka Solomon & Nicholas Solomon - Realtors

Century 21 Moline Realty

Looking for an East Central Minnesota home?  Start your search here and find the perfect property!  www.century21moline.com

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