The Canadian Pacific Christmas Train!!!

Dated: December 11 2022

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The Canadian Pacific
Christmas Train is coming!


The 1000 foot Canadian Pacific Christmas Train will bringing live entertainment "in exchange" for donations to our local food banks. It will be in the making 12 stops in and around the Twin Cities on the afternoon/evening of the 11th, 12th, 13th, and 14th before it chugs to the northwest! 

Canadian Pacific Christmas Train Info





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REAL ESTATE UPDATE

As we approach the end of the year, I will be doing a few weeks of analysis on the recent past. It is interesting and healthy to look back and see some actual local sales data to bring a broader perspective on what the "average" seller in the area is receiving for their home on the open market. 

Comparing the average (initial) list price to closed price ratio' from one year ago (Nov '21 to Nov '22), we see the average seller is recently receiving 2.5% less. This loss is due to mortgage rate increases, optimistic pricing, and an increase in competitive (cosmetic condition) homes to purchase.




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HOW CAN I HELP YOU?

CVBA is what I would recommend. It is an informal 15-20 minute "Cost Versus Benefit Analysis" meeting at your home to assess and discuss what work you are thinking about, not thinking about, and then give you real data the most amount of money for your home for your effort. I also have proven and trusted painters, handymen, and contractors that can help, or at least give you an estimate.
Looking for the highest Yelp! ranked Realtor in the Southwest Metro?

There are currently 453 homes of all kinds for sale in the area $108K to - $999K which you can see HERE

"Coming Soon" Listings for all of the SW Metro can be found HERE



$422,281
...is the average sale price for a in the Twin Cities in November 2022.

So Stieg, "How is the market?"
Well, the best way to answer a broad question is that the Twin Cities has been in a seller's market since Nov 2014 when it hit a 3.9 months of supply of homes to sell.
It is currently at 1.6 Months supply. (December 8, 2022)
(CONTEXT: The National Association of Realtors states that a "balanced market" is 4 - 6 months of supply).  
 
Homes For Sale
Recently Sold Homes
(last 30 days)
 
Do you have more specific criteria you would like to see?
(Just reply to this email with what you are looking for and I can create a custom search for you)

Miss last week's update? View previous issues of the weekly email HERE
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Stieg Strand

 Stieg Strand is a husband, father of 3, and grandpa of 2 (Wow are they cuoooot!) and 30+ year career in real estate.  Stieg spends his time and energy on building confidence so people can h....