As for sales yesterday, the Fargo/Moorhead MLS only had 6 sales in the region while the Detroit Lakes MLS had 3 sales. Last summer during the peak of sales we were seeing any where from 15 to 20 sales per day and approximately 30+ new homes coming on the market in any given day. Once warmer weather comes I think the inventory will increase as some sellers prefer taking their home off the market during the winter. Many buyers and sellers alike would rather not move in our frigid winter climate.
One new property came on the market in Hawley today. It is a one of 25 new homes on the market in the Fargo/Moorhead MLS. The property is listed for $212,500 and is located in the Westgate area of Hawley. The home was built in 1993 and has 5 bedrooms, 3 bathrooms and a 3 stall attached garage. This bi-level has 2876 total square feet and no back yard neighbors as Westgate Park is behind the property.
As for sales yesterday, the Fargo/Moorhead MLS only had 6 sales in the region while the Detroit Lakes MLS had 3 sales. Last summer during the peak of sales we were seeing any where from 15 to 20 sales per day and approximately 30+ new homes coming on the market in any given day. Once warmer weather comes I think the inventory will increase as some sellers prefer taking their home off the market during the winter. Many buyers and sellers alike would rather not move in our frigid winter climate.
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AuthorMike Olson has been in real estate since 2006 and is the Broker for Sky Lodge Properties MN, LLC. Archives
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