March 2008 Lakeville Housing Update

Here are some real estate statistics for homes in the Lakeville School District based on my statistical analysis of the Northstar MLS Matrix database on 3/10/2008.

There are a total of 506 homes for sale, including condominiums, townhouses, twin homes and single family homes in Independent School District #194, which primarily covers Lakeville but also includes homes in the surrounding townships of New Market, Credit River and Eureka in Scott and Dakota counties, as well as small segments of Burnsville.

The Average price for all homes is $361,385 and the median price (half are priced higher and half lower) is $309,800. The following statistics are for single family homes only. If you would like townhome, twin home, or condo information, or if you would like information on homes comparable to yours, just give me a call or send an email.

Averages for the 46 Single Family Home new listings for the week of 3/2/2008 – 3/9/2008

List Price: $457,797
Bedrooms/Bathrooms: 3.77/3.33
Year Built: 1992
Finished Square Feet: 3,115
Property Taxes: $4,038

Averages for the 388 currently active Single Family Homes

List Price: $499,232
Days on the Market: 93.1
Bedrooms/Bathrooms: 3.98/3.25
Year Built: 1984
Finished Square Feet: 3,128
Property Taxes: $3,612

Averages for the 42 Pending Listings that have sold but not yet closed

List Price: $368,656
Days on the Market: 81.1
Bedrooms/Bathrooms: 3.93/2.95
Year Built: 1994
Finished Square Feet: 2,678
Property Taxes: $2,770

My free market analysis of your home will include information on houses comparable to yours that are currently active, pending, expired, canceled or sold. I do extensive analysis and research before advising on pricing. The Lakeville real estate market is starting to warm up so don’t hesitate to call or email with any questions!

Possibly related posts:

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

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