Fergus Falls MN | Existing Home Sales Slowed by a Lack of Listings

Fergus Falls MN | Existing Home Sales Slowed by a Lack of Listings

At the local level in Fergus Falls MN, buyer confidence remains strong; however, lack of inventory has resulted in a decrease in sales this fall.

Particularly in and around  Fergus Falls MN 56537inventory is seeing its lowest level in years. This adds up to being a great time to list a home, even with winter approaching.

Today I would like to talk to you about  Existing Home Sales Slowed by a Lack of Listings.

Some Highlights:

* The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. (national)

* The inventory of existing homes for sale in Fergus Falls is now at a 2.6 month supply. The shortage is especially evident at the $150-250,000 range.

What we are seeing locally is being seen throughout the country as sales are slowed because of lack of listings.

Source…  CKM.. Charlie Brue blog

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To protect your interests and ensure that you make the best possible decisions, it’s important that you have a knowledgeable agent on your side who is an expert in his local real estate market. I am dedicated to keeping you on top of our local market. Rest assured that I will provide you with well-informed, trustworthy and personal guidance for your home purchase in Fergus Falls Minnesota.

To reach me, call or text 218-205-6566

Or send me an email at charlie@century21vista.com
Search for the newest listings in Fergus Falls (click on picture below)
Thinking of selling your home? Let me take over the marketing of your property. I’d love to visit with you about the Fergus Falls market and the value of your home.
charliebruehomes.com
Call or text 218-205-6568.

 

“Seeking to provide help, joy and benefit to home buying or selling.”

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