MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Lake of the Woods County, Minnesota.
According to the latest data, Lake of the Woods County’s Median Sale Price was pegged at $135,000, showing an increase of 21.1% from the preceding month and a drop of 50.9% from the year before.
The region reported 5 home sales, marking a reduction of 16.7% from the prior month, and unchanged year-over-year.
Homes remained on the market for a median of 219 days, which is up 198 days from the month before and up 29 days from the previous year.
The Market Pulse Score for Lake of the Woods County comes in at 73, pointing to a declining trend within the local real estate market.
For more information about the Lake of the Woods 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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