The city of Brooklyn Center is located on the west bank of the Mississippi River and on the northwest border of Minneapolis. Located in Hennepin county, the population is about 30,100.
From May of 2015 to May of 2016 this is the most up to date information on what is happening in the Brooklyn Center Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
| 2015 | 2016 | +/- | |
| New Listings | 225 | 233 | +3.6% |
| Closed Sales | 169 | 190 | +12.4% |
| Median Sales Price | $145,200 | $155,375 | +7.0% |
| Days on the market | 80 | 55 | -31.3% |
| Months Supply of Inventory | 2.1 | 1.3 | -38.1% |
What this means for you if you’re selling your home:
It’s a very good time to sell your home if you live in Brooklyn Center!
- New listings are holding steady and closings are up from last year meaning there are less homes on the market.
- The sales price for homes is up a small amount of roughly $10,000.
- The best news has to do with how many homes are on the market. There is a shortage of homes currently listed which means there is more demand, which will continue to drive up the prices of homes. In fact, it has become a stronger seller’s market in Brooklyn Center than it was one year ago.
See more Statistics on Brooklyn Center Real Estate Here
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