The city of Brooklyn Park is the 6th largest city in the entire state of Minnesota. With a population of over 78,000 people, it’s located on the west bank of the Mississipi in northern Hennepin County.
From May of 2015 to May of 2016 this is the most up to date information on what is happening in the Brooklyn Park Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
| 2015 | 2016 | +/- | |
| New Listings | 719 | 718 | -0.1% |
| Closed Sales | 447 | 502 | +12.3% |
| Median Sales Price | $182,350 | $209,900 | +15.1% |
| Days on the market | 81 | 63 | -22.2% |
| Months Supply of Inventory | 2.9 | 2.0 | -31.0% |
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 Park!
- There is a slight decrease in the amount of new listings now than there were one year ago.
- The sales price for homes is up 15%
- 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 Park than it was one year ago.
See more Statistics on Brooklyn Park Real Estate Here
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