The city of Cottage Grove is located 10 miles south of Saint Paul in Washington County with a population of just over 35,300. The city lies on the north bank of the Mississippi River just north of the confluence with the Saint Croix River.
From May of 2015 to May of 2016 this is the most up to date information on what is happening in the Cottage Grove Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
|Median Sales Price||$223,750||$236,900||+5.9%|
|Days on the market||71||61||-14.1%|
|Months Supply of Inventory||3.1||1.9||-38.7%|
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 Cottage Grove!
- Cottage Grove is experiencing a strong seller’s market
- The number of homes on the market has only risen .6% but the number of closed sales has increased over the last year and the months supply of inventory is down almost 40%. Which means less inventory for buyers.
- If you have a home to sell now would be a very good time. We encourage you to consider putting your home on the market sooner rather than later to get in on this strong seller’s market. Don’t miss out!
- Interest rates remain at all time lows and buyers continue to gobble up homes at record pace.
See more Statistics on Cottage Grove Real Estate Here
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