MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Red Lake County, Minnesota.
For May 2024, the data showcases a Median Sale Price of $191,585 in Red Lake County, a rise of 17.9% from the last month and an increase 9.5% from the same period the previous year.
The area witnessed the sale of 4 homes during this period, which is a 300.0% increase from the preceding month and an increase of 300.0% compared to the same timeframe last year.
Additionally, the Median Days on Market for listings was observed at 80 days, 68 days longer compared to the previous month and longer by 77 days from last year.
The Market Pulse Score for Red Lake County comes in at 120, pointing to a rising trend within the local real estate market.
For more information about the Red Lake 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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