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Eagan Minnesota Short Sales & Foreclosure 2009 3rd quarter information

Here are the final sales numbers for short sales, foreclosures, lender mediated, and traditional listings for the 3rd quarter 2009 for Eagan Minnesota;

Eagan Minnesota L/M L/M L/M Traditional Traditonal Traditional
Dakota County Oct-09 Oct-09 % Change Oct-09 Oct-09 % Change
Inventory of homes for sale 105 93 -11.4 339 276 -18.6
Months supply of inventory 7.3 3.3 -55.4 8.1 7.6 -6.5
10/07-9/08 10/08-9/09 %Change 10/07-9/08 10/08-9/09 % Change
New Listings 376 417 10.9 1174 889 -24.4
Closed Sales 169 271 60.4 528 401 -24.1
Median Sales Price 164400 128000 -22.1 248500 228500 -8
Median Price per sq.ft. 97 83 -14.6 124 114 -8.3
% of original list price 89.4 89.6 0.2 94.5 93.4 -1.1
Days on Market until sold 142 134 -5.9 127 136 6.9
L/M=Lender Mediated

Eagan Minnesota currently has 25.2% lender mediated homes and is the same as Minneapolis. This is up from 12% in 2007. Over the past 12 months the supply of lender mediated properties has decreased from 7.3 to3.3. This is partly due to affordable housing that is available in Eagan that is under $150,000. These properties are moving quickly.

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. We are the short sale experts.


SFR-Short Sales and Foreclosure Resource Certified by the National Association of Realtors

Statistics courtesy of Minneapolis Association of Realtors

Free reports at www.YourMnShortSaleExpert.com.

Short sale information can be found at http://MnShortSalesExpert.com

First time home buyers be sure to visit http://OurFirstMinnesotaHome.com/ to register for your Home Sweet Home Buyers ProgramTM.

Posted Thursday Nov 05