$2,541 Closing Credit*
$214,000
1,680 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Advantage Plus
Is Breezy Point, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Breezy Point has remained a Seller's Market.
Key Takeaway
Breezy Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Breezy Point, MN
How much do homes in Breezy Point, MN cost?
Median Sold Price
$360,000
$242/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Breezy Point has remained the same since last year.
Summary: The median home sold price in Breezy Point was $360,000 in November 2024, the same as last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $188K | -20.0% |
| 2 Bedrooms | $240K | $275K | +14.6% |
| 3 Bedrooms | $372.5K | $384.5K | +3.2% |
| 4 Bedrooms | $447K | $434K | -2.9% |
| 5+ Bedrooms | $459K | $557.4K | +21.4% |
Summary: Breezy Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Breezy Point | $360K | $360K | 0.0% |
| Crosslake | $565K | $520K | -8.0% |
| Pequot Lakes | $428K | $379.9K | -11.2% |
Housing Supply in Breezy Point, MN
How many homes are available in Breezy Point, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The Breezy Point real estate market had 40 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Breezy Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Breezy Point, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Breezy Point in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Breezy Point, MN
How long does it take to sell a home in Breezy Point, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 57 Days | +18.3% |
Summary: Homes in Breezy Point had an average of 57 days on market in Nov 2024, up by 18.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Breezy Point has remained consistent over time.
Summary: During November 2024, 11 homes were sold in Breezy Point; 18% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
