MyMarketPulse (mymarketpulse.com) has unveiled its analysis for December 2024, focusing on the property market trends in Faribault County, Minnesota.
According to the latest data, Faribault County’s Median Sale Price was pegged at $100,000, showing a decrease of 51.9% from the preceding month and a drop of 44.4% from the year before.
During this period, 15 homes were sold in the area, reflecting an increase 200.0% compared to the month beforeand and an increase of 66.7% from the same month in the previous year.
The Median Days on Market was 26 days, down 114 days from the previous month and down 14 days from the prior year.
The Market Pulse Score for Faribault County comes in at 96, pointing to a declining trend within the local real estate market.
For more information about the Faribault County, Minnesota market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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