$129,900
2.50 Acres
Land
Julie J. Carlson, Listing Office: Coldwell Banker North Shore
Is West Cook, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, West Cook has remained a Seller's Market.
Key Takeaway
West Cook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Cook, MN
How much do homes in West Cook, MN cost?
Median Sold Price
$480,000
$217/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$34,500(-6.7%)
Key Takeaway
Homes in West Cook have sold for 6.7% less than they did a month ago.
Summary: The median home sold price in West Cook was $480,000 in November 2024, down 6.7% from last month, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $146K | N/A |
| 2 Bedrooms | $499.5K | $480K | -3.9% |
| 3 Bedrooms | $720K | $682K | -5.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: West Cook housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lutsen | $360K | $359.9K | 0% |
| Grand Marais | $490K | $480K | -2.0% |
| West Cook | $514.5K | $480K | -6.7% |
| Lutsen Township | $930K | $359.9K | -61.3% |
Housing Supply in West Cook, MN
How many homes are available in West Cook, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Summary: The West Cook real estate market had 16 homes for sale in November 2024, a 27.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Cook 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 44.4%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Cook, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in West Cook in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for West Cook, MN
How long does it take to sell a home in West Cook, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 30 Days | -23.1% |
Summary: Homes in West Cook had an average of 30 days on market in Nov 2024, down by 23.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Cook are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in West Cook; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
