2014 Real Estate Results, by Alan Olson, Broker

Posted by Admin Admin on Wednesday, January 28th, 2015 at 10:36am.

Otter Tail County Real Estate sales rose 3% in 2014, although the average for Minnesota was down 6%.  That speaks highly of where we live and work and matches Boating Magazine's top rating of Otter Tail County as being the best county to live in and go boating.  To add to the good news, prices are up, climbing 3.3% on the median sale price.  The average time on the market to sell decreased 8% to 152 days.  When combined with record low interest rates, it is a good time to enter the real estate market whether buying or selling.

My advise for buyers and sellers entering the market....use a professional full time real estate agent that knows not only the past comparables but one who knows the present ones and the trends.

Alan Olson, Broker/Owner

Century 21 Vista, Inc.

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