The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Faribault County, Minnesota’s real estate market for August 2024.
According to the latest data, Faribault County’s Median Sale Price was pegged at $138,250, showing an increase of 8.4% from the preceding month and a rise of 28.7% from the year before.
A total of 22 homes were sold in the region, indicating an increase of 120.0% from last month and a rise of 57.1% when compared with a year ago.
Furthermore, homes in Faribault County were on the market for an average of 54 days before selling, reflecting an increase of 34 days days month-over-month and an increase of 18 days day year-over-year.
Currently, with a Market Pulse Score of 113, Faribault County’s real estate market appears to be experiencing an upturn.
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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