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 56537, inventory 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.
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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
charliebruehomes.com
Call or text 218-205-6568.
“Seeking to provide help, joy and benefit to home buying or selling.”