Real Estate News and Advice
December 5, 2009
Find an Agent Let Webcast City webcast your message.


Search Realty Times
 





Today's Insider REALTOR Secret









NEED HELP?

Click for Live Support


Call: 214-353-6980



  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Buffalo, Minnesota

Reported by Lance Lindstrom, CNHS, CRS, GRI, RCC

Updated October 31, 2009.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 3




1
2
3
4
5
Falling

Rising

Sales are steady again in Buffalo. Since Buffalo is the county seat of Wright County it is experiencing growth as the Twin Cities Metro area continues to expand outward. Even though the trend had been generally upward, due to the availability of many new and pre-existing, it is currently a buyer's market. In October, 22 homes sold from the MLS, as opposed to 31 in the same time period in 2008. The average price was at $210,000, compared with $198,000 last year at this time, and the price per square foot dropped to $88, which was actually at $108 at this time last year. What does this all mean? Home prices are generally down and still slipping around the area, so it's a great time for buyers to take advantage of the situation. Get a good real estate agent with solid negotiating skills to go to work for you. Please keep in mind that this report does not consider lot size, the home's age and other factors, so if you would like a more specific report to better fit your needs, just let me know and I'd be happy to get you the information. Call me today so we can find the perfect home for you!

ZIP Code: 55313

Location Characteristics: The village of Buffalo was platted in the year 1856 and eventually became the Wright County seat. It lies between the shores of two major recreational lakes, Buffalo Lake and Lake Pulaski. Agriculture has remained its economical mainstay backed by business, industry, and government service.

For More Information:

View Market Conditions of other areas served by Lance Lindstrom

Navigate: Top > Minnesota > Buffalo

About Lance Lindstrom:
Lance Lindstrom grew up in northern Wright County and knows the area well. He is a Certified Residential Specialist (CRS), Certified New Home Specialist (CNHS), Residential Construction Certified (RCC) a graduate from the realtor institute (GRI) and broker, with a background in engineering and sales. He is the premier choice when it comes to pricing, detail, marketing, bringing the sale together and following it through to closing for his clients. Lance works primarily by referral so that means he invests most of his time delivering first-class service to his clients and little time chasing new business. He works to build strong lasting relationships one person at a time. Because of this, most of his clients come to him on the advice of people who have learned to trust and respect him. Your referrals of friends, family and associates are greatly appreciated.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




Real Estate News Network

You must enable Javascript to view the Video content and Navigation on this site.





Mortgage Rates
30 Year Fixed:
15 Year Fixed:
1 Year Adj:
(U.S. Weekly Averages)

Today's Headlines

Today's Insider REALTOR Secret







Agent Publicity | Local Market Conditions | About Realty Times | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2009 Realty Times®. All Rights Reserved.