Here are the final sales numbers for short sales, foreclosures, lender mediated, and traditional listings for the 3rd quarter 2009 for Lakeville Minnesota;
| Lakeville Minnesota | L/M | L/M | L/M | Traditional | Traditonal | Traditional |
| Dakota County | Oct-08 | Oct-09 | % Change | Oct-08 | Oct-09 | % Change |
| Inventory of homes for sale | 106 | 104 | -1.9 | 380 | 285 | -25 |
| Months supply of inventory | 8.4 | 4.3 | -48.9 | 9.4 | 7.9 | -15.6 |
| 10/07-9/08 | 10/08-9/09 | %Change | 10/07-9/08 | 10/08-9/09 | % Change | |
| New Listings | 346 | 393 | 13.6 | 1253 | 1009 | -19.5 |
| Closed Sales | 144 | 247 | 71.5 | 523 | 425 | -18.7 |
| Median Sales Price | 204500 | 178000 | 3-Jan | 276605 | 250250 | -9.5 |
| Median Price per sq.ft. | 100 | 89 | -10.6 | 121 | 112 | -7.3 |
| % of original list price | 91.7 | 91.9 | 0.3 | 94.1 | 93.7 | -0.4 |
| Days on Market until sold | 143 | 153 | 6.8 | 129 | 138 | 7.2 |
| L/M=Lender Mediated |
Lakeville currently has 26.7% lender mediated homes compared to Minneapolis at 25.2%. The last two quarter of lender mediated homes has held steady. Traditional listings have fallen 25% during the same time frame. The supply of lender mediated homes has fallen from 8.4 months to 4.3 months. Properties listed under $150,000 are moving quickly.
Kenden Post-CDPE, SFR, ePro
Coldwell Banker Burnet-Apple Valley, Minnesota
(o)952-997-1960, (f)952-997-8810, (c)612-310-6304
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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
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Certified Distressed Property Expert specializing in helping homeowners avoid foreclosure. Short Sale & Foreclosure Resource Certified by NAR. Home Sweet Home Buyers Program. Twin Cities Specialist.
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