MyMarketPulse (mymarketpulse.com) just released its analysis of the March 2024 market data for Faribault County, Minnesota.

The Median Sale Price for properties in Faribault County was documented at $108,750 for March 2024. This price point is a downward move of 19.4% from the previous month and shows a 10.3% drop from the year before.

During this period, 8 homes were sold in the area, reflecting a decrease 27.3% compared to the month beforeand and a decrease of 42.9% from the same month in the previous year.

The median time homes spent on the market was 20 days, which is down 10 days compared to last month and a decrease of 36 days over the previous year.

With a Market Pulse Score of 82, the analysis suggests a falling trend in Faribault County’s housing market momentum.

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.

MyMarketPulse – What the Pros Know

In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Faribault County, Minnesota.

March 2024’s data reveals a Median Sale Price of $108,750 for homes in Faribault County. This figure represents a decline of 19.4% month-over-month and a 10.3% year-over-year decrease.

The region reported 8 home sales, marking a reduction of 27.3% from the prior month, and 42.9% decrease year-over-year.

Additionally, the Median Days on Market for listings was observed at 20 days, 10 days shorter compared to the previous month and shorter by 36 days from last year.

With the Market Pulse Score sitting at 82, the trend in Faribault County’s housing market seems to be falling.

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.

MyMarketPulse – What the Pros Know