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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Rogers. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 763-557-4589
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| Average Home Price | $225,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $350,000 - $399,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Rogers is | Increasing |
| Seller Activity for the past 90 days in Rogers is? | No Change |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 30-35% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Maple Grove |
| Housing Hot Spots | The market is steady in the Rogers areas. |
| Average Sold Price | $225,000 - View Graph Trend |
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Steve Hinrichs & Jean O`Reilly
Edina Realty
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