South Metro Real Estate Buzz

Regional Housing Market Outlook

Inventory Shortage Set To Continue
Posted by Teri Krueger on September 09, 2019 in  Real Estate Activity
There continues to be good news for home sellers in our region and challenging news for home buyers in the coming months. Demand continues to remain high in the midst of an inventory shortage, which shows no signs of abating anytime soon. For sellers, that means it’s likely going to remain a good time to sell, with loads of competition for starter- and mid-range residential properties commanding favorable prices. For buyers, it means finding the home of your dreams may be a bit more difficult than we’... read more

Housing Market Update for June 2018

Posted by Teri Krueger on July 06, 2018 in  Real Estate Activity
Northfield Area Rice County Number of Homes Listed 54 92 Average List Price $310,760 $300,304 Number of Homes Sold 40 105 Average Sale Price $269,970 $224,860 Average Days on the Market 41 36 Number of Homes on the Market 93 231 ... read more

Five key trends for 2016

Posted by Abi Malecha on December 28, 2015 in  Real Estate Activity


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