Wednesday, January 27, 2010

Year End 2009 Snapshot of Coon Rapids Market Statistics

Coon Rapids, Minnesota homes are sold faster in 2009 than 2008 and more homes were sold too! New listings were down by almost 15% which is a sign that this Anoka County Community is moving closer to a more balanced market. The average sales price did dropped again by over 16% so affordability was evident in Coon Rapids in 2009 but with the lower inventory levels, we could see the average sales price start to level off in 2010. The ratio of original price to received price is down is starting to edge up in Coon Rapids which is good news for those considering selling in 2010.

Copyright 2010 Teri Eckholm