Here are the final numbers for Burnsville, MN. March 2009 home sales;
| Burnsville, MN | March | March | March | Entire Year | Entire Year | Entire Year |
| Dakota County, MN | 2008 | 2009 | Change | 2008 | 2009 | Change |
| New listings | 135 | 129 | -4.4 | 386 | 357 | -7.5 |
| Closed Sales | 42 | 47 | 11.9 | 112 | 111 | -0.9 |
| Median Sales Price | 226000 | 177000 | -21.7 | 220000 | 170000 | -2.7 |
| Avg. Sales Price | 216,167 | 182614 | -15.5 | 214830 | 170072 | -16.6 |
| % of orginal list pirce received | 91 | 89.7 | -1.3 | 91.1 | 89.3 | -2 |
| Avg. Days of Market | 135 | 163 | 20.4 | 147 | 144 | -2.3 |
| Single-family detached inventory | 212 | 198 | -6.6 | |||
| Townhouse-condo inventory | 267 | 219 | -18 |
If you have any questions about this information on home sales for Burnsville, MN. please feel free to contact me.
Kenden Post-Ketterling Group
Coldwell Banker Burnet-Apple Valley
(o)952-997-1960, (f)952-997-8810
Statistics courtesy of Southern Twin Cities Association of Realtors
Do you know of anyone facing foreclosure? We can help. Call or email us for more information.
Here are the final numbers for Apple Valley, MN. March 2009 home sales;
| Apple Valley, MN | March | March | March | Entire Year | Entire Year | Entire Year |
| Dakota County, MN | 2008 | 2009 | Change | 2008 | 2009 | Change |
| New listings | 136 | 138 | 1.5 | 403 | 331 | -17.9 |
| Closed Sales | 55 | 44 | -20 | 115 | 121 | 5.2 |
| Median Sales Price | 225000 | 173420 | -22.9 | 223875 | 173420 | -2.5 |
| Avg. Sales Price | 94 | 208712 | -17.1 | 250053 | 196553 | -21.5 |
| % of orginal list pirce received | 163 | 89.2 | -4.9 | 93.9 | 90 | -4.2 |
| Avg. Days of Market | 223 | 171 | 4.8 | 158 | 161 | 1.5 |
| Single-family detached inventory | 265 | 172 | -22.9 | |||
| Townhouse-condo inventory | 222 | 204 | -23 |
If you have any questions about this information on home sales for Apple Valley, MN. please feel free to contact me.
Kenden Post-Ketterling Group
Coldwell Banker Burnet-Apple Valley
(o)952-997-1960, (f)952-997-8810
Statistics courtesy of Southern Twin Cities Association of Realtors
Do you know of anyone facing foreclosure? We can help. Call or email us for more information.
Silver Lining Loan Program
Foreclosure rates have increased in Dakota County communities and across the nation over the past few years. The Silver Lining Program is designed to begin rebuilding and stabilizing Dakota County neighborhoods.
Dakota County Community Development Agency (CDA)has created the Silver Lining Loan Program which will provide up to $15,000 to homebuyers purchasing bank-owned properties in areas of the county that have experienced higher than normal levels of mortgage foreclosures.
Loans may be used for:
Homebuyers will not receive any portion of a Silver Lining loan as cash.
Eligible Properties
| Apple Valley | All areas eligible except small NE corner |
| Burnsville | All areas eligible except around Crystal Lake |
| Eagan | Most of the city is not eligible |
| Farmington | All areas eligible |
| Hastings | All areas eligible |
| Inver Grove Heights | Most of the area in western 2/3 of city is not eligible |
| Lakeville | All areas eligible |
| Northfield | All areas eligible |
| Rosemount | Most of the city is not eligible |
| South St. Paul | All areas eligible |
| West St. Paul | All areas eligible |
| Smaller Cities | All are eligible except Lilydale and Mendota |
Eligible Borrowers
Homebuyers who are income eligible and qualify for a traditional fixed-rate first mortgage loan can apply for a Silver Lining Loan through a participating mortgage lender.
|
Household |
Income |
|
1 |
$67,950 |
|
2 |
$77,650 |
|
3 |
$87,350 |
|
4 |
$97,100 |
|
5 |
$104,850 |
|
6 |
$112,600 |
|
7 |
$120,400 |
|
8 |
$128,150 |
*Income limits are as of 2/08 and are subject to change.
The home must be homebuyers primary place of residence.
Eligible Financing
Silver Lining loans can be used in conjunction with any fixed-rate FHA, VA, RHS, Fannie Mae or Freddie Mac insured loan product that is generally considered to be an "A" or "prime" lending product.
Silver Lining loans are not eligible for use with subprime, interest-only or balloon loans, or with adjustable rate mortgages (ARMs).
Loan Terms
The Silver Lining Program is funded by the federal Neighborhood Stabilization Program through the U.S. Department of Housing and Urban Development. The program is part of the Dakota County CDA's Homeownership Connection services which provides resources to help homebuyers and homeowners be successful.
Click on this link to see a Dakota County map or eligible areas.
http://www.dakotacda.org/pdf/Silver_Lining_Eligible_Areas.pdf
Information courtesy of Dakota County Community Development Agency
Here are the final numbers for Savage, MN. February 2009 home sales;
| Savage, MN | February | February | February | Entire Year | Entire Year | Entire Year |
| Scott County, MN | 2008 | 2009 | Change | 2008 | 2009 | Change |
| New listings | 80 | 59 | -26.3 | 152 | 142 | -6.6 |
| Closed Sales | 19 | 20 | 5.3 | 39 | 32 | -17.9 |
| Median Sales Price | 212000 | 170000 | -19.8 | 223500 | 173750 | -22.2 |
| Avg. Sales Price | 217,677 | 172602 | -20.7 | 240734 | 193980 | -19.4 |
| % of orginal list pirce received | 94 | 88.2 | -5.7 | 93.4 | 88 | -5.7 |
| Avg. Days of Market | 142 | 149 | 5.5 | 133 | 34 | 0.2 |
| Single-family detached inventory | 168 | 154 | -8.3 | |||
| Townhouse-condo inventory | 110 | 90 | -18.2 |
If you have any questions about this information on home sales for Apple Valley, MN. please feel free to contact me.
Kenden Post-Ketterling Group
Coldwell Banker Burnet-Apple Valley
(o)952-997-1960, (f)952-997-8810
Statistics courtesy of Southern Twin Cities Association of Realtors
Do you know of anyone facing foreclosure? We can help. Call or email us for more information.
Here are the final numbers for Rosemount, MN. February 2009 home sales;
| Rosemount, MN | February | February | February | Entire Year | Entire Year | Entire Year |
| Dakota County, MN | 2008 | 2009 | Change | 2008 | 2009 | Change |
| New listings | 62 | 68 | 9.7 | 141 | 129 | -8.5 |
| Closed Sales | 18 | 21 | 16.7 | 38 | 36 | -5.3 |
| Median Sales Price | 188500 | 175950 | -6.7 | 182013 | 184950 | 1.6 |
| Avg. Sales Price | 192,083 | 188992 | -1.6 | 194486 | 213098 | 9.6 |
| % of orginal list pirce received | 95 | 90.9 | -4.3 | 94 | 90.4 | -3.8 |
| Avg. Days of Market | 122 | 101 | -17.1 | 98 | 110 | 13.2 |
| Single-family detached inventory | 124 | 118 | -4.8 | |||
| Townhouse-condo inventory | 97 | 91 | -6.2 |
If you have any questions about this information on home sales for Rosemount, MN. please feel free to contact me.
Kenden Post-Ketterling Group
Coldwell Banker Burnet-Apple Valley
(o)952-997-1960, (f)952-997-8810
Statistics courtesy of Southern Twin Cities Association of Realtors
Do you know of anyone facing foreclosure? We can help. Call or email us for more information.
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