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July 30, 2007

Nokomis, MN Market Update for June 2007

Here are the latest real estate market statistics for Nokomis, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 44.3%*

Average May 2007 June 2007 % Change
Asking Price $256,248 $237,862 -7.2%
Sales Price $252,581 $234,666 -7.1%
% of Asking Price 99% 99% 0.0%
$/SQFT $161 $155 -3.7%
Days on Market 61 57 -6.6%
Total Transactions 81 82 1.2%

Search for homes in Nokomis, MN and read a neighborhood overview of the Nokomis, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 427 properties on the market with 189 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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