Lakeville Townhome Update

Here’s an update of Lakeville Minnesota real estate statistics for townhomes in the Lakeville School District (ISD 194). These are the numbers for the past week as well as all the current active and pending listings based on my statistical analysis of the Northstar MLS Matrix database on 02/15/2008.

9 new listings for the week of 2/08/2008 – 2/15/2008, priced from $169,900 to $284,900

Averages
List Price: $222,889
Bedrooms/Bathrooms: 2.33/2.89
Year Built: 2001
Finished Square Feet: 1,913

105 Currently Active Listings priced from $124,900 to $564,945

List Price: $248,210
Days on the Market: 82.8
Bedrooms/Bathrooms: 2.43/2.60
Year Built: 2001
Finished Square Feet: 1,896

14 Pending Listings that have sold but not yet closed. Priced from $153,900 to $654,900

List Price: $274,087
Days on the Market: 81.8
Bedrooms/Bathrooms: 2.79/2.71
Year Built: 2003
Finished Square Feet: 2,038

I’ve been seeing increased buying activity in the Lakeville area over the past few weeks. It seems that many buyers have concluded that the market is at, or near, the bottom and now is the time to start picking up homes and investment properties at some very attractive prices.

Possibly related posts:

1. Lakeville Real Estate Statistics
2. June 2008 Lakeville Home Sales Update
3. January 2009 Lakeville Home Statistical Update!
4. March 2008 Lakeville Housing Update
5. May 2008 Lakeville Real Estate Update

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