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Michael W. Olson-Broker
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Sales Beating New Homes on Market

5/1/2013

33 Comments

 
In the last two days home sales have exceeded new properties on the market.  In the Fargo/Moorhead MLS the sales for Monday and Tuesday were 65 properties.  The new properties on the market were only 55.  This is the first time in over a year I have seen these types of numbers.  Usually on a daily basis it is a 3 to1 or 3 to 2 ratio or new property for sale compared to sold property. 

In the Hawley real estate market there are currently 27 homes for sale.  The newest properties include a $179,900 home in the Westgate subdivision featuring 3 bedrooms 2 bathrooms and a 2 stall attached garage.  This rambler has some finished areas in the basement and is updated with new windows, paint, air conditioning, flooring and washer/dryer.  The home has 1400 square feet on the main level and is heated by electric baseboard
33 Comments

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    Mike Olson has been in real estate since 2006 and is the Broker for Sky Lodge Properties MN, LLC.

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