St. Cloud, MN - Real Estate Blog

I pulled some numbers recently and was pleasantly surprised with the amount of foreclosures that were sold in the 4th quarter in St Cloud, Sauk Rapids, Sartell, and Waite Park Minnesota.  Here are some rough looks at the numbers.

Units Sold

60 Bank Owned vs. 209 Non Bank-Owned or Not Disclosed.

Average Price Roughly $105K for Bank Owned and Over $150 for Non-Bank Owned or Not Disclosed.

Those are pretty good stats for those of you who are thinking about selling your home in the near future.  While the number of foreclosed units continues to rise, traditional sales are by far out doing the banks sales.

Want the specific stats?  Give me a call or e-mail and I would be glad to provide them for you.

Jason Tangen - GRI, e-PRO - Broker Associate from Jason Tangen at Edina Realty.

http://StCloudEdina.com - Get a free e-Market Analysis (online home valuation).

http://JasonTangen.EdinaRealty.com - Search homes for sale in Central MN.

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Posted by Jason Tangen at 10:30 AM | Permalink | Comments (0)

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Sales took a sharp nose dive when the tax credit was extended from November 30th to April 30th.  While December is traditionally slower than November, it was exaggerated this year in the number of closings in every area covered.  I would anticipate that January will be slow as well with the number of closings rising drastically in every month from February to April.  Below are the number of units that sold in each zip code covered.

Posted by Jason Tangen at 11:39 AM | Permalink | Comments (0)

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