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  • Aspire Realty Blog

    Tuesday, January 27, 2015   /   by Katherine Kiernan

    Fargo Moorhead Market Experiencing a Fast Break in 2015

     
    The real estate market has been a little challenging for the last few years. Many homeowners who considered moving felt the market was too uncertain, and many of us have been waiting it out. As a real estate professional, I’m thrilled to report a positive outlook for those who are thinking about selling.
    Here are some stats:
    -According to our FMAAR MLS statistics new listings for January are up 16.3% over January 2014 however, active listings are down by 9% indicating our rapid market movement.
    -According to the National Association of Realtors,  despite low inventory conditions nationwide existing-home sales bounced back in December and climbed above an annual pace of 5 million sales for the sixth time in seven months.
    -Additionally the FMAAR MLS statitics show that average home listing prices for our current month are up 31.53% over January 2014 with those averages moving from $233,974 to $294,582!! 
    We are sharing this information with you because invent ...

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