Rogers Real Estate Market Conditions & Reports, Rogers Market Trends, Minnesota

Market Commentary Provided by Steve Hinrichs & Jean O`Reilly

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Steve Hinrichs & Jean O`Reilly
Edina Realty
Plymouth, Minnesota
763-557-4589
homes@steveandjean.com
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Nearest Metro Area

Minneapolis and St. Paul, MN

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

60-90 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$200,000-$600,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

Move-up Buyers

Buyer Activity for the past 90 days in Rogers is

Seller Activity for the past 90 days in Rogers is

Is Financing Available For Qualified Buyers in Rogers?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

The market is steady in both the Maple Grove and Rogers areas.

Reason to Buy/Sell

Population Growth

Average Sold Price

$200,000-$600,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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