Champlin Real Estate Market Report l November 2017
This just in! The Champlin Real Estate Market Report for November 2017 is here! Champlin continues to remain a sellers market with home values soaring! Check your Champlin Home Value here and see just how much equity your Champlin home has gained!
This month’s newest listing are from the South Pond’s neighborhood, Anderson’s Champlin Oaks, Emery Estates, Bartusch Addition and the Bray’s neighborhood of Champlin.
Champlin Homes for sale by Price and Feature
Champlin’s Pending Homes
36 homes are currently pending in Champlin. The average home waiting to close is $339,930 with an average market time of just 36 days. This is extremely low for the national average market time. Mainly due to low levels of inventory and many qualified home buyer’s still looking for properties. Regardless of the season, it’s still a great time to sell your Champlin home. We usually see a slow as we move from Fall into Winter, but not this year. Champlin home prices are as strong as ever, netting Champlin home sellers a nice profit from their sale. If you’re thinking about selling in the next 6-12 month, stay up-to-date with current Champlin trends, by subscribing here. You can also find tips and tricks to home selling or buying in your real estate blog!
Champlin’s Recent Sold Homes
The number of active listings in CHAMPLIN (55316) increased by 10.9% from the previous month. The median number of days active properties have been listed is 50. This is significantly shorter than the national average. The number of sales in September dropped by 63.9% from the previous month. Largely due to low levels of inventory.
The median price for Champlin homes is $292,160, selling in less than 50 days of market time. Champlin currently has just 2.7% distressed properties which is a significant change from the last few downturn years.
36 Champlin homes sold and closed in October.
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National Housing Market Trends
Thank you for checking out the latest Champlin Real Estate market report for November 2017. For more information on the local real estate market, or to receive a free seller’s consultation, please contact Heidi Herda YOUR Champlin Realtor & Resident! 612.807.4858