Market Stats For Week Ending 01-26-2020 in Blaine, Minnesota

Tight inventory remains a theme in Blaine and in the entire state as we begin the Spring Market as is reflected by only 15 new listings for last week.  Here are a few more stats: 

New Listings - 15

Total Homes/Town Homes For Sale - 161

Pending Sales Last Week - 15

Total Pending Sales - 80

Closed Transactions - 7 

Year To Date Closed Transactions - 38

 

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Buyers are out looking at homes as mortgage rates have remained low and there seems to be some pent up demand as inventory of homes for sale is low as well.  New construction has performed well due to both of those factors.   

Thinking of selling?  Get the value of your home here. 

Contact me for more information.