St. Cloud February Market Update
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We’re experiencing a shift in the St. Cloud market. We had 833 listed homes on the market last week. That’s the lowest we’ve seen since in about fifteen years! In January 2015, we had inventory this low with 989 listings, but it only lasted for a week.
Secondly, we might see home appreciation increase in 2016 with tight inventory. Sellers have the potential to earn top dollar for their properties now compared to the rest of the year. Buyers have the best opportunities to purchase a home right before the start of the spring market, such as in April.
If you’re thinking about buying or selling a home this year, reach out to us by phone or email today! We’d love to hear from you.
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