The city of Lakeville is 23 miles south of downtown Minneapolis, located in Dakota County. Lakeville is one of the fastest growing cities in the metro. Many large farms are still in operation, producing corn, soybeans,a and dairy cattle.
From May of 2015 to May of 2016 this is the most up to date information on what is happening in the Lakeville Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
|Median Sales Price||$313,463||$292,500||-6.7%|
|Days on the market||92||65||-29.3%|
|Months Supply of Inventory||3.9||3.0||-23.1%|
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 Lakeville !
- The median sales price in Lakeville fell roughly 6% from last year.
- There are more listings now as there were one year ago, but there have been more sales, which accounts for the drop in number of homes on the market.
- Less homes on the market is a good thing for homeowners who have a house to sell. It means less competition for you with those potential buyers!
- If you have the opportunity to get in the market now, it would be advantageous for you to do so!
See more Statistics on Lakeville Real Estate Here
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