Prior Lake, MN Real Estate News

By Chad & Sara Huebener
(Edina Realty)
JUST LISTED!   15774 Island View Road  You will love the lake views and the functional, flat, fenced backyard!  This 3BR 2BA home sits on a mature-treed lot and offers wooded privacy, all on a quiet, low-traffic street.   This home boasts large room sizes and family gathering spaces, a wonderful yard for kids and pets to play, newer appliances, sun-filled rooms, and 719 Schools! Offered at $229,900. 15774 Island View Road is proudly marketed by Chad & Sara Huebener of Edina Realty.  For more information or to schedule a private showing call 952-212-3597.
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By Eric Hempler, Minnesota Realtor
(The Minnesota Real Estate Team)
Prior Lake Minnesota Housing Market Conditions (March 2014). See where your home stands at http://PriceMyTwinCitiesHome.com
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By David Nelson Lakeville Realtor, RE/MAX Advantage Plus - Lakeville
(Remax Advantage Plus)
Homes for Sale in The Territory in Credit River Township MN Find similar Homes for sale to the The Territory Homes in Credit River Township MN. You will love coming home to this Credit River Township premier living neighborhood near Heritage Links Golf Club and it's mature tree lined streets with luxurious custom homes.  There are 700 acres of woods, meadow, wetlands, ponds and has approximately 360 acres (over 50%) of private open space and natural areas.  An established neighborhood with a serene country setting and stellar hiking trails and community clubhouse, The Territory is a secluded place to live, raise a family and grow old while enjoying a pleasant lifestyle.  Is it time to sell your current house?  Thinking of downsizing?  Request a free custom evaluation for your The Territ...
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By David Nelson Lakeville Realtor, RE/MAX Advantage Plus - Lakeville
(Remax Advantage Plus)
Scottsview Estates Homes in Prior Lake MN Find similar Homes for sale to the Scottsview Estates Homes in Prior Lake MN. You will love coming home to this fantastic eastern Prior Lake/ Western Lakeville premier country living neighborhood near the prestigious Legends Golf Club and it's mature trees with grandiose custom homes.  An established neighborhood with a serene country setting and stellar natural surroundings, Scottsview Estates is a pleasant place to live, raise a family and grow old.  Is it time to sell your current house?  Are you considering downsizing?  Request a free custom evaluation for your Scottsview Estates Home in Prior Lake.  Prestigious Custom Homes on Acreage Near Legends Golf Club and Minutes From Interstate 35 These two story, 4 to 6 bedroom homes range in size f...
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By Joe and Emily Stradcutter, Educator - Consultant - Trusted Advisor
(RE/MAX Results)
There's lots of news in the local media about the Minneapolis/St. Paul housing markets continuing to improve so let's take a look at one of the communities in the southern Twin Cities area - Prior Lake. Here is some of the good news in this report, especially for sellers: The average sales price is up almost 15% The average days on market is down by 40% The market is now considered a seller's market rather than a buyer's market. Note the Month's Supply of Inventory - 4 months of inventory is considered a seller's market. While this is good news, let's look at why this might be happening: Interest rates are still historically low and buyers can purchase more home for their money than they could 2 years ago. At 5% interest rates, payments are $1,074, while at 3.5%, payments are only $898....
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By Tom Scott, Re/Max MN Realtors and Real Estate Agent
(Remax Advantage Plus)
Prior Lake Homes For Sale|14622 Bridle Ridge Trail NE , Prior Lake, MN 55372 Nice looking home with new carpet and paint. Property has been updated and is in a great neighborhood with great schools. Property is priced well for it size and condition.Main Floor Full Bath, Full Master, 3/4 Basement Separate/Formal Dining Room, Eat In Kitchen, Breakfast Area View More DETAILS and PHOTOS of Prior Lake Homes For Sale Search All Prior Lake Homes For Sale  
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By Jennifer Tyre, luxury home specialist, short sale, bank owned, buyers agent
(Re/Max Results, house for sale in mn)
The City of Prior Lake The City of Prior Lake is 20 miles southwest of downtown Minneapolis in the U.S. state of Minnesota in Scott County, the City of Prior Lake lies south of the Minnesota River in an area known as South of the River, the City of Prior Lake is made up of two sections, Upper and Lower Prior Lake, the two parts are connected by a channel that runs under county road 21, the City of Prior Lake population is estimated at 15,917 person at the 2000 census, recorded by the U.S. Census Bureau. The City of Prior Lake features many recreational amenities including more than 54 parks on 1,000 acres, over 100 miles of trails and sidewalks and 14 lakes, the City of Prior Lake offers a wide variety of outdoor opportunities for residents with a wide variety of interests including the...
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By Jesse Schneider
(Re/Max Advantage Plus)
I've received dozens of emails in the last week of people looking to gain access to the list of foreclosed properties in Prior Lake and the surrounding area.  No problem...here is what you need to do.... Click on this link: Prior Lake Foreclosure List   Enter some basic information including your name, address, email address, phone number, as well as your search area and any specific criteria.  This will enable us to create a customized list of bank owned properties in Prior Lake for your specific needs. We will then email over the list ASAP so that you can begin your search for Prior Lake foreclosures!  Piece of cake!   Once you receive the Prior Lake foreclosure list, take a look at the homes and decide which ones you would like to take a look at.  Contact us via phone or email, and w...
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By Jesse Schneider
(Re/Max Advantage Plus)
Looking to buy a home or townhome in Prior Lake?  There are TONS of them currently available!  Start your search here There is currently 271 Prior Lake homes on the market as of 2/21/2011. Of those 271 homes, 212 are single family homes ranging in price from $35,000 up to $4,900,000. There is 59 townhomes, condos, and twin homes ranging in price from $42,500 up to $799,000. Short sales account for approximately 59 homes.  Foreclosures, Bank Owned and REO account for 29 listings.   To search for foreclosures, short sales, or traditional sale homes in Prior Lake, MN, begin your search of listings here!    
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By Tom Scott, Re/Max MN Realtors and Real Estate Agent
(Remax Advantage Plus)
Are you done searching the Minnesota MLS looking for the perfect setting only to find you need to build with the developers approved buiders? Look no further, the perfect development is right in front of you. Spring Lake Estates is about 3-4 miles South of Shakopee near the border of Prior Lake on Marschall Rd. This is a peaceful country setting close to Spring Lake. Spring Lake Regional Park is within walk distance and the development has 30 private docks that were available for purchase. Initially this was a Toll Brothers development with pricing ranging from the $600-$1m+ range and the Toll Brothers model sat at $1.3 million. However at the turn of the market inventory set stagnant and lots were foreclosed on. Now lots can be purchased as low as in the low $60k's Many lots remain ope...
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By Kenden Post
(Coldwell Banker Burnet)
Prior Lake Real Estate market update for first time home buyers, home sellers, and relocation to the Prior Lake area. The sales data is in for home and property August sales and Prior Lake took the month off. There were a few changes but nothing that really jumps out at you. New listings were up 10% and closed sales were down 39%. All metro south areas home sales were down for August probably due the tax credit expiring for home owners. Median sales price jumped up 32% and this could be due to more non bank mitigated homes closing this month. Average sales price stayed mostly unchanged. Average days on market went up 12% to 172 days making Prior Lake one of the slower markets for the month. Single family inventory was up 3% and town house and condo inventory was down 30%. If you have a...
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By Kenden Post
(Coldwell Banker Burnet)
Sales data is in for home and property sales for Prior Lake and one number jumps out at me. Tracking several communities south of the river we have found that closed sales for these communities for the month were all up. Prior Lake's closed sales for the month remained unchanged! New listings were down by 14% with single family inventory down 7% and townhouse and condo inventory down 16%. Median sales price was down 6% and average sales price up 6%. Average days on market was down 10% but still higher than it's neighbor communities. Prior Lake, MN     May     May     May      YTD     YTD       YTD Scott County, MN 2009 2010   Change 2009 2010   Change New listings 92 79 -14.1 421 466 10.7 Closed Sales 35 35 0 148 147 -0.7 Median Sales Price 224900 211000 -6.2 224700 215000 -4.3 Avg. Sal...
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By Kenden Post
(Coldwell Banker Burnet)
Here are the final sales numbers for Prior Lake Minnesota October 09 home sales; Prior Lake, MN Oct. Oct Oct Entire Year Entire Year Entire Year Scott County 2008 2009 Change 2008 2009 Change New Listings 80 70 -12.5 993 807 -18.7 Closed Sales 24 49 104.2 289 360 24.6 Median Sales Price 269400 224000 -16.9 246475 231000 -6.3 Avg.Sales Price 345452 285052 -17.5 327907 269492 -17.8 % of original list price 95.3 95.6 -0.3 92.4 91.6 -0.9 Avg. DOM 95 140 48 162 167 3.2 Single family inventory 242 168 -30.6       T/H-Condo Inventory 142 93 -34.5         Kenden Post-CDPE, SFR, ePro Coldwell Banker Burnet-Apple Valley, Minnesota www.OurFirstMinnesotaHome.com Kenden@KendenPost.com (o)952-997-1960, (f)952-997-8810, (c)612-310-6304        Do you know anyone facing foreclosure? You do have options....
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Here are the final numbers for Prior Lake, MN. September 2009 home sales; Prior Lake, Minnesota Sept. Sept. Sept. Entire Year Entire Year Entire Year Scott County, Minnesota 2008 2009   Change 2008 2009   Change New listings 76 68 -10.5 913 737 -19.3 Closed Sales 39 34 -12.8 265 305 15.1 Median Sales Price 255000 234950 -7.9 244500 234500 -4.1 Avg. Sales Price 306,789 287448 -6.3 326312 268335 -17.8 % of orginal list pirce received 92 90.5 -1.1 92.2 90.8 -1.5 Avg. Days of Market  156 146 -6.7 168 172 2.3 Single-family detached inventory 251 180 -28.3       Townhouse-condo inventory 152 96 -36.8         If you have any questions about this information on home sales for Prior Lake, Minnesota please feel free to contact me. Kenden Post-CDPE, ePro Coldwell Banker Burnet-Apple Valley, Minnes...
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By Kenden Post
(Coldwell Banker Burnet)
Here are the final numbers for Prior Lake, MN. June 2009 home sales; Prior Lake, MN June June June Entire Year Entire Year Entire Year Scott County, MN 2008 2009   Change 2008 2009   Change New listings 115 98 -14.8 643 518 -19.4 Closed Sales 34 30 -11.8 165 176 6.7 Median Sales Price 263200 242793 -7.8 240000 226200 -5.6 Avg. Sales Price 349,153 262558 -24.8 330873 256895 -22.4 % of orginal list pirce received 94 92.8 -0.7 91.8 90.3 -1.6 Avg. Days of Market  150 167 11.2 165 175 5.9 Single-family detached inventory 282 216 -23.4       Townhouse-condo inventory 162 108 -33.3         If you have any questions about this information on home sales for Prior Lake, MN. please feel free to contact me. Kenden Post Coldwell Banker Burnet-Apple Valley www.OurFirstMinnesotaHome.com Kenden@KendenP...
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By Kenden Post
(Coldwell Banker Burnet)
Here are the final numbers for Prior Lake, MN. March 2009 home sales; Prior Lake, MN March March March Entire Year Entire Year Entire Year Scott County, MN 2008 2009   Change 2008 2009   Change New listings 97 78 -19.6 313 234 -25.2 Closed Sales 30 27 -10 66 73 10.6 Median Sales Price 295450 264000 -10.6 244475 240000 -1.8 Avg. Sales Price 362,470 303334 -16.3 338764 264847 -21.8 % of orginal list pirce received 93 93 0.3 91.6 88.4 -3.4 Avg. Days of Market  156 166 6.1 172 188 9.4 Single-family detached inventory 266 204 -23.3       Townhouse-condo inventory 156 100 -35.9         If you have any questions about this information on home sales for Prior Lake, MN. please feel free to contact me. Kenden Post-Ketterling Group Coldwell Banker Burnet-Apple Valley www.KendenPost.com Kenden@Kend...
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By Kenden Post
(Coldwell Banker Burnet)
 Here are the final numbers for Prior Lake, MN. February 2009 home sales; Prior Lake, MN February February February Entire Year Entire Year Entire Year Scott County, MN 2008 2009   Change 2008 2009   Change New listings 99 70 -29.3 216 156 -27.8 Closed Sales 20 26 30 36 44 22.2 Median Sales Price 227450 227250 -0.1 230000 234500 2 Avg. Sales Price 341,578 236603 -30.7 319008 248360 -22.1 % of orginal list pirce received 90 83 -7.6 90.7 86.5 -4.6 Avg. Days of Market  171 233 36.7 186 201 8.1 Single-family detached inventory 251 188 -25.1       Townhouse-condo inventory 153 102 -33.3         If you have any questions about this information on home sales for Prior Lake, MN. please feel free to contact me. Kenden Post-Ketterling Group Coldwell Banker Burnet-Apple Valley www.KendenPost.com K...
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By Kenden Post
(Coldwell Banker Burnet)
Here are the final sales numbers for Prior Lake, MN. January 2009 home sales; Prior Lake, MN January January January Entire Year Entire Year Entire Year Scott County, MN 2008 2009   Change 2007 2008   Change New listings 69 59 -14.5 1371 1102 -19.6 Closed Sales 16 9 -43.8 394 320 -18.8 Median Sales Price 373812 400375 7.1 329955 326910 -0.9 Avg. Sales Price 357,450 366371 2.5 270000 245725 -9 % of orginal list pirce received 95 86.1 -9.6 94.9 91.8 -3.3 Avg. Days of Market  86 134 56.6 149 160 8 Single-family detached inventory 243 188 -22.6       Townhouse-condo inventory 148 108 -27       If you have any questions about this information on home sales for Prior Lake, MN. please feel free to contact me. Kenden Post-Ketterling Group Coldwell Banker Burnet-Apple Valley www.KendenPost.com K...
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