Selling stats in 55448 Coon Rapids
By Joel Friday, Make sure your home is "SOLD by Friday!"
(Keller Williams Classic Realty)
Selling stats in 55448 Coon RapidsHello Sellers, let's take a closer look at some important real estate metrics that can help you understand the current market conditions and make informed decisions when selling your property.First, let's talk about the Months Supply of Inventory, which is currently at 1.05. This metric indicates how long it would take for all the current listings to sell based on the current pace of sales. A lower number like 1.05 suggests a seller's market, where demand is high compared to supply.Next, we have the 12-Month Change in Months of Inventory, which has increased by +12.9%. This means that the market has seen a slight increase in inventory over the past year, which could indicate a shifting market towards a more balanced state.The Median Days Homes are On th...
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