The Tale of Two Markets

An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!

In Fergus Falls we definitely see a difference in inventory with  low monthly inventory levels in the Starter and Move-up ranges and high housing inventory in the Premium level.

November YTD Sales and Inventory – Fergus Falls, MN

We also see this trend in the markets nationwide.

Some Highlights:

  • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory continues to rise in the luxury and premium home markets which is causing prices to cool.
  • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 80 consecutive months.

Source….  KCM Charlie Brue blog


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/sale in Fergus Falls Minnesota.

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

Or send me an email at charlie@century21vista.com

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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.

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CALL OR TEXT 218-205-6568.

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