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55302 : Real Estate Advice

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Tue Jun 1, 2010
Jeff Lundquist answered:
The percentage of list price to sold price in Wright County during a period from Dec 2011 thru Nov 2012 is at about 94%. That is up from the last 2 years which were 93% and 90% respectively. In just the Annandale zip code, (55302), the stats are Dec 2011 thru Nov 2012 - 92.2%. The prior two years were 88.5% and 89.5%. As you can see the averages are improving. This could be because of better pricing to begin with as we have adjusted to the new normal market. Average sale price was $202,298 in 2010, then down to &191,482 in 2011 and then in 2012 it has risen 9.9% to $210,479. These stats are indicating good news in the market here. ... more
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