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August 29, 2007

Lakeville, MN Market Update for July 2007

Here are the latest real estate market statistics for Lakeville, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 38.3%*

Average June 2007 July 2007 % Change
Asking Price $314,644 $305,003 -3.1%
Sales Price $308,457 $295,883 -4.1%
% of Asking Price 98% 97% -1.0%
$/SQFT $130 $129 -0.8%
Days on Market 67 73 9.0%
Total Transactions 71 73 2.8%

Search for homes in Lakeville, MN and read a neighborhood overview of the Lakeville, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 587 properties on the market with 225 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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