Waite Park Real Estate Market Continues Downward Trend in New Listings

Sales rose to nine homes sold over the last 30 days in the Waite Park market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to nine for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower, months of inventory unexpectedly still rose, trending upwards for four weeks to reach three. The rise in sales and low inventory point to Waite Park being a seller's market.

If you have been waiting for prices to drop, now is your chance to look at these listings in Waite Park:

$299K   $224K   $175K  

Get started right now by checking out Waite Park homes for sale or reviewing Waite Park real estate trends.

Demographic facts for Waite Park:

  • The median house value here is $112,400.
  • This area usually gets 109 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 5.1%.
  • The students per teacher ratio in this area is 17.0:1. (15.3:1 = national average)

Data reported through 10/19/2016

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