February Real Estate Market Update

The market continues to be a battle ground for buyers right now with many homes under the average sales price of $355,000 selling in multiple offers. We have only 1.7 months of inventory on the market – historically low.

Interest rates continue to be historically low as well, making a perfect storm of a seller’s market. If you plan on selling this year, this is the time to list, especially if you are building or have a place to live until you can find your next home. Myra Jensen at BRIX Real Estate can be reached at 763-227-0618