Apple Valley Real Estate Market Update

Home and property sale information for first time home buyers,

sellers, and relocation to Apple Valley MN.

Here is the latest information for December Apple Valley home sales. New listings were down 3% but closed sales were down 32%. Not an alarming drop but something that we will need to keep our eye on. Median sales price was up 5% to 185,000 and average sales price was down 8% to $197,797. Percent of original list price received at closing was down 3% to 91.9%. Average days on market was up 13% to 131 days. Single family inventory was up 9% and town home and condo inventory was down 7%.

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Home Sweet Home Buyers Club information.

The information was courtesy of Minnesota Association of Realtors.