Wednesday, January 27, 2010

Year End 2009 Snapshot of Wyoming, MN Market Statistics

The number of new listings was down again for 2009 in Wyoming, Minnesota along with the average sales price of a home in this Southern Chisago County community. Since 2007, the average sales price of a home dropped by over 30%; over 15% last year alone. A high point to the year is that homes are selling at a faster pace with an average of 47 days less time on the market in Wyoming, Minnesota compared to last year. Sellers appear to be getting just over 91% of their asking price which is in line with several other north east metro communities. If you are considering selling your Wyoming home, this might be a good time to list with less inventory on the market to compete with.

Copyright 2010 Teri Eckholm