The Minneapolis Area Association of REALTORS has released their December housing market statistics and there’s lots of good news in them for homeowners thinking of selling a home in Blaine.
There’s also a bit of good news for those hoping to buy a house in Blaine.
More homeowners listed their homes for sale in Blaine in December 2014 than the previous December. New listings increased 6.1 percent. The problem, at least for buyers, is that more homes sold – closed sales increased 21.3 percent over last year – so the overall inventory of available homes in Blaine decreased 1.3 percent.
Homeowners take note: the median sales price of a home in Blaine increased 9.1 percent to $227,500.
Homes remained on the market longer than in December 2013 –…