Nokomis, MN Market Update for May 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: 43.7%*

Average	April 2007	May 2007	% Change
Asking Price	$243,172	$256,248	5.4%
Sales Price	$239,255	$252,581	5.6%
% of Asking Price	98%	99%	1.0%
$/SQFT	$157	$161	2.5%
Days on Market	58	61	5.2%
Total Transactions	68	81	19.1%

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 6/27/2007: 414 properties on the market with 181 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.