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St Cloud MN Area Real Estate Market Update - North St Cloud Housing Statistics 2007 vs 2008

This is a year over year comparison for single family homes in the North Saint Cloud Minnesota housing market. The date range for the last full calendar market year is January 1, 2006 thru January 1, 2007. This year is the housing market from January 1, 2007 through January 1, 2008. Please check back for market updates for the 2009 year.

  • Total number of active listings last year 589, this year 568, percent of the change -3.
  • New listings last year 454 this year 425, percent of the change -6.
  • Number of homes under contract last year 222 this year 200 percent of change -9.
  • Number of homes sold last year 235 this year 199 percent of change -15.
  • The total sold volume for the North St Cloud area last year 32,067,781 this year 22,907,137 percent of change -28.
  • Average sale price last year 136,459 this year 115,111 percent of change -15.
  • Percent of list price to sold price, last year 98% this year 97%.

Areas with low changes in Average Sale Price (0-10%), and reduced Listing Inventory,
are remarkably stable areas. Areas with greater change in Avg. Sale Price may be great places to buy!
For more information about the St Cloud area or to view homes currently for sale go to my website at www.stcloudareahomesforsale.com
Steve Baklaich
RE/Max Realty Source
(320) 260-3290

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