Wednesday, December 23, 2009

Elk River Housing Market Statistics

ELK RIVER HOUSING MARKET STATISTICS

Elk River Current Housing Market Statistics

We had 38 new listings this past month in the Elk River Market which represents a decrease of 7.3% over this same period from last year. Combine that with 43 closed sales (+25.3%) we are definitely seeing a market stabilization in the greater Sherburne Area. Elk River's medium home price still dipped to $167,500 or -6.7% from 2008 to 2009 with an average sales price of $163,260 - taking approximately 122 days on the market to sell.

Get more details on Elk River by clicking the link above. These statistics are averages and your situation may be different. Contact me to discuss your needs or questions.


CHAD ELLIOT, REALTOR©

The Hennepin Group, LLC

Keller Williams Realty

17205 Yale Street NW, Suite D
Elk River, Minnesota, 55330


Mobile: (651) 795-1147

Fax: (763) 241-0187

Email: chadelliot@kw.com