Lakeville, MN Real Estate News

By Kenden Post
(Coldwell Banker Burnet)
 Here are the final numbers for Lakeville, MN. February 2009 home sales; Lakeville, MN February February February Entire Year Entire Year Entire Year Dakota County, MN 2008 2009   Change 2008 2009   Change New listings 150 142 -5.3 309 264 -14.6 Closed Sales 43 23 -46.5 90 54 -40 Median Sales Price 238500 183500 -23.1 240000 190000 -20.8 Avg. Sales Price 302,151 220626 -27 285146 225324 -21 % of orginal list pirce received 93 88.4 -5.4 92 88.6 -3.6 Avg. Days of Market  70 137 95.5 116 145 24.8 Single-family detached inventory 379 321 -15.3       Townhouse-condo inventory 144 123 -14.6         If you have any questions about this information on home sales for Lakeville, MN. please feel free to contact me. Kenden Post-Ketterling Group Coldwell Banker Burnet-Apple Valley www.KendenPost.com...
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By Kenden Post
(Coldwell Banker Burnet)
Here are the final numbers for home sales in Lakeville, MN for the January 2009; Lakeville, MN January January January Entire Year Entire Year Entire Year Dakota County, MN 2008 2009   Change 2007 2008   Change New listings 69 72 4.3 1900 1613 -15.1 Closed Sales 28 48 71.1 786 689 -12.2 Median Sales Price 299800 277983 -7.3 306299 285018 6.9 Avg. Sales Price 286,750 256250 -10.6 263200 255000 -3.1 % of orginal list pirce received 90 90.6 0.2 95.2 93.4 -2 Avg. Days of Market  148 156 5.7 114 132 15.5 Single-family detached inventory 337 292 -13.4       Townhouse-condo inventory 129 110 -14.7       If you have any questions about this information on home sales for Lakeville, MN. please feel free to contact me. Kenden Post-Ketterling Group Coldwell Banker Burnet-Apple Valley www.KendenPost...
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Here are the final numbers for Lakeville, MN home sales in December and year 2008. Lakeville, MN December December December Entire Year Entire Year Entire Year Dakota County, MN 2007 2008   Change 2007 2008   Change New listings 69 72 4.3 1900 1613 -15.1 Closed Sales 28 48 71.4 786 689 -12.3 Avg. Sales Price 299,800 277,983 -7.3 30,629,995 285,018 -6.9 % of orginal list pirce received 90.4 90.6 0.2 95.3 93.4 -2 Avg. Days of Market  148 156 5.7 114 132 15.5 Single-family detached inventory 337 292 -13.4       Townhouse-condo inventory 129 337 161.2         If you have any questions about this information on home sales for Lakeville, MN. please feel free to contact me. Kenden Post-Ketterling Group Coldwell Banker Burnet-Apple Valley www.KendenPost.com Kenden@KendenPost.com (o)952-997-1960...
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By Jennifer Brinson
(Mortgages Unlimited, Inc)
I love Lakeville, Minnesota because... great education parks and trails small enough to have my own mechanic shop, ice cream place, church, and theatre big enough to have Target, restaraunts, grocery stores nearby newly developed, very clean pride of the city and residents lakes wonderful neighbors low crime great involvement with parents and kids family friendly Lakeville is a wonderful place to purchase a home and raise a family! Before the market took a down turn many buyers would have thought that Lakeville was too pricey of a place to move and live. Now there are many affordable homes and townhomes. Lakeville was on the top ten places to live for many great reasons as I mentioned above. If you are looking to re-locate or buy your first home, Lakeville should be a consideration!
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By Kenden Post
(Coldwell Banker Burnet)
 Here is the information for home sales in Lakevillle, MN. for the month of September 2008; Lakeville, MN   September         YTD   Dakota County 2007 2008   Change 2007 2008   Change New listings 147 144 2 1600 1324 -17.3 Closed sales 67 55 -17.9 616 499 -19 Avg. sales price 304729 244524 -19.8 306696 289535 -5.6 % of original list price  94.7 96.8 2.2 95.7 93.7 -2 Avg. days on market 83 134 60.5 109 129 17.7 Single family inventory 384 362 -5.7       T/H-Condo inventory 141 125 -11.3         If you have any questions about this information please feel free to contact me. Kenden Post-Ketterling Group Coldwell Banker Burnet-Apple Valley www.KendenPost.com Kenden@KendenPost.com www.MnShortSalesExpert.com (o)952-997-1960, (f)651-209-0989 Statistics courtesy of Minneapolis Association of R...
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By Barbara Charlton
(inactive - license is on ice with State of MN)
We had two big, nasty storm systems come through the Minneapolis / St. Paul area in the last week. They were pretty much expected. Our temps were over 90°F, and the humidity was just about as high. It felt more like summer in New Orleans instead of Minnesota. Last night was the 2nd episode where I live (Lakeville, MN), and we had a full hour to get ready for a line of storms that was producing spotty tornadoes here and there. Thankfully, we have a concrete crawlspace under the kitchen reinforced with steel beams (a 20'x40' space about 3' high). That's where we head when it gets rough outside. Last night we were just fine. By the time it got to us, it was just heavy rain and 50 MPH winds. But what if we'd been hit, and had to walk through the wreckage after it was all clear? Here are a f...
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By Kenden Post
(Coldwell Banker Burnet)
Here is the information for home sales in Lakeville, MN. for the month of April 2008;   Lakeville,MN April April April Y. T. D. Y.T.D. Y.T.D. Dakota County, MN 2007 2008   Change 2007 2008   Change New listings 178 153 -14 733 629 -14.2 Closed Sales 82 54 -34.1 226 185 -18.1 Avg. Sales Price 314732 303621 -3.5 306544 280402 -8.5 % of orginal list pirce received 96.3 93.9 -2.4 95 92.4 -3.4 Avg. Days of Market  115 160 38.7 102 151 48.4 Single-family detached inventory 391 390 -0.3       Townhouse-condo inventory 157 146 -7         If you have any questions on the information please don't hesitate to contact us! Kenden Post-The Ketterling Group RHS Realty www.KendenPost.com Kenden@KendenPost.com 952-997-1960 Information courtesy of Southern Twin Cities Association of Realtors.
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By Kenden Post
(Coldwell Banker Burnet)
Here is the information for home sales in Lakeville, MN for the month of March 2008;   Lakeville,MN March March March Y. T. D. Y.T.D. Y.T.D. Dakota County, MN 2007 2008   Change 2007 2008   Change New listings 197 168 -14.7 555 476 -14.2 Closed Sales 64 47 -26.6 144 131 -9 Avg. Sales Price 321963 291451 -9.5 301882 270831 -10.3 % of orginal list pirce received 95.8 92.4 -3.5 95.3 91 -3.7 Avg. Days of Market  157 150 -4.7 159 8 -7.7 Single-family detached inventory 356 364 2.2   147   Townhouse-condo inventory 131 139 6.1         If you have any questions on the information please don't hesitate to contact us! Kenden Post-The Ketterling Group RHS Realty www.KendenPost.com Kenden@KendenPost.com 952-997-1960 Information courtesy of Southern Twin Cities Association of Realtors.
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By Kenden Post
(Coldwell Banker Burnet)
Here are the figures for February home sales in Lakeville, MN;Lakeville, MNFebruaryFebruaryFebruaryYear to DateYear to DateYear to DateDakota County, MN20072008   Change20072008   ChangeNew Listings169151-10.7358308-14Closed Sales37382.780845Avg. Sales Price$269,996 299,39511$285,614 $282,817 -1% of original list price received at sale95.893.4-2.59591.9-3.3Avg days of market until sale145111-23.4168148-11.9Single family detached inventory3483490.3Townhouse-condo inventory156130-16.7 If you have any questions please feel free to contact us.Kenden Post-The Ketterling GroupRHS Realty-Apple Valleyhttp://www.kendenpost.com/Kenden@KendenPost.com952-997-1960Know someone that is facing foreclosure? Visit http://www.rhsrealty911.com/ for information.Information courtesy of the Southern Twin Citi...
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By Barbara Charlton
(inactive - license is on ice with State of MN)
The topic of relisting a home surfaced last night on ABC's Nightline, of all places. The agent in the story, as part of his normal listing process, said he cancels and relists his listings when they reach 70 days.  Of course, when a buyer zeroes in on a particular house, a good buyer's agent researches as much as possible about the home, including how long the home has REALLY been on the market. It's just part of due diligence. When my buyers get serious about a property, I research and report to my buyer:When was the home first listed? (sometimes it has been on and off the market for longer than a year)What was the starting price?How often are they just relisting, with or without a price change?Why is this important? Because the history tells me lots of things:The longer the home has b...
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By Kenden Post
(Coldwell Banker Burnet)
Here are the final sales numbers for the month of December for Lakeville, MN;Lakeville  DecemberDecemberDecember    YTD    YTD    YTDDakota County MN.2006 2007 % Change2006 2007 % ChangeNew Listings84 69 (18)2093 1921 (8)Closed Sales75 25 (67)883 705 (20)Avg. Sales Price326753 275493 (16)320504 307003 (4)% of original list price at close94 90 (4)97 95 (2)Avg. Days on market until sold193 179 (7)      NA134        NASingle family detached inventory251 310 24        -         -        -Townhome/condo inventory188 110 (42)       -         -        - If you have any questions or need more information please feel free to contact us.Kenden Post-The Ketterling GroupRHS Realty-Apple Valleywww.KendenPost.comKenden@KendenPost.com952-997-1960Do you need to sell your home but owe more than what the...
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By Barbara Charlton
(inactive - license is on ice with State of MN)
My mother broke her hip the Friday before Christmas, and had surgery to replace it the next day. This was quite a shock to her....at 83 she stands tall, works out daily, prunes her own trees, lays sod (yes, really!) and you have to pry her off their Harley trike.Mom and Dad live in Texas, and my husband and I live in Minnesota. We were planning to be in Texas for the holidays anyway, and I wasn't too worried about an avalanche of client inquiries over Christmas. I packed all my equipment and felt pretty much like I could handle things remotely.Now that I'm going on my 3rd week here, I've had a chance to test my "road worthiness." I've been a road warrior for years -- I am fairly well set up to do business anywhere. (As REALTORS we have to be.)  Still, see if you notice what's missing fr...
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By Kenden Post
(Coldwell Banker Burnet)
Here are the numbers for Lakeville, MN. real estate home sales for the month of November;Lakeville  November November November    YTD    YTD    YTDDakota County MN.2006 2007 % Change2006 2007 % ChangeNew Listings108 96 (11)2009 1852 (8)Closed Sales62 31 (50)808 680 (16)Avg. Sales Price309962 276233 (11)319923 308163 (4)% of original list price at close96 92 (4)97 95 (2)Avg. Days on market until sold112 139 24       NA132        NASingle family detached inventory251 356 42        -         -        -Townhome/condo inventory144 131 (9)       -         -        -If you have any questions on the above data feel free to contact us.Kenden Post-Ketterling GroupRHS Realty952-997-1960www.KendenPost.comKenden@KendenPost.comInformation provided by Minneapolis Area Association of Realtors and the S...
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By Kenden Post
(Coldwell Banker Burnet)
 I continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. The market is constantly changing so an informed consumer is a smart consumer. I hope that you find the information helpful. If you have any questions about the information please feel free to contact me and we can discuss the information. Below you will find the Lakeville real estate statistic's for the week of May 6th through the 12th. Enjoy!New homes on the marke                       35Number of homes entering escrow           13Number of homes closing escrow               4Number of listings expiring                       2Number of listings cancelled                      9Average days on market-Twin Cities          71Interest rates are holding steady at 6.1% in Mi...
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