Grand Forks, ND Housing Market

Trends from the previous month:

  1. The overall market is about flat with last month, but days on market increased substantially. 40 out of the 196 homes on the active market have seen price reductions from their initial listing. Roughly 1.5% of the total homes in Grand Forks are for sale.
  2. There are approximately 8% fewer homes on the market.
  3. All houses are priced flat with last month, the price per square foot is roughly flat, the square footage per house is flat, and the days on the market has increased.
  4. Houses less than $500,000 are priced about flat, the price per square foot is significantly higher, the square footage per house is flat to higher, and the days on the market has increased.
  5. Houses equal to or more than $500,000 are priced higher, the price per square foot is flat, the square footage per house is flat to slightly higher, and the days on the market has stayed flat.RE Housing Nov 2017
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