Lakeville, MN
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

2

SINGLE FAMILY HOMES

Condos

0

CONDOS

Townhouses

0

TOWNHOUSES

MEANWHILE...

40

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

ASKING
PRICE
AT ASKING
UNDER ASKING

HOW MUCH HOMES LISTED FOR?

Median List Prices

$350k
$310k$339k$368kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
0Homes
1-3
MONTHS
1Homes
OVER
3 MONTHS
1Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

118
DAYS
65%
577798118138NovOctSepAugJulJun

And finally...What's the hottest street in

Lakeville

glassfern ln

For November 2016, Lakeville, MN has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Lakeville, MN was 395 and 2 homes were sold.