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Date Archives: January 2019

RE/MAX Professionals Blog Home
Buying | 6 Posts
Coronavirus | 3 Posts
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Downtown Stillwater | 7 Posts
New Hire | 7 Posts
Selling | 1 Posts
St. Paul | 2 Posts
Uncategorized | 14 Posts

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January
10

January 10th, 2019 by

Inventory of homes for sale has been the lowest it has been in over 10 years, but we expect the market to balance out a bit more in the year ahead. 

Cottage Grove Market Update – Single Family, Previously Owned Homes

(Rolling 12 Month Report, compared to 2017)

·         New Listings: -1.2% (560)

·         Median Sales Price: +3.9% ($265,000)

·         Pending Sales: -4.9% (483)

·         Days on Market: -4.5% (21)

·         Homes for Sale: -10.5% (51)

·         Months Supply of Inventory: 0% (1.3)

Data compiled from RMLS as of January 10, 2019

We have buyers actively searching for their next home and many more with plans to buy this Spring.

If you, or anyone you know is thinking about selling their home, contact us for a detailed market analysis.