affordability: Burnsville home listings suggest high affordability
- 04/13/11 05:46 AM
There are many ways to measure affordability, and they all have their attributes and shortcomings. For this report, I chose to simply measure the ratio of homes priced at or under $150,000 over the total number of active home listings. According to information provided by the Regional Multiple Listing Service of Minnesota, Inc., there are 2,525 homes listed for sale in Dakota County. of that total, 927, or 37% are priced at or below $150,000. In comparison, Burnsville has 374 homes for sale with 168 of them (45%) priced at or below $150,000. That makes Burnsville appear above average in its … (0 comments)
affordability: Apple Valley above average in affordability
- 04/13/11 05:37 AM
There are many ways to measure affordability, and they all have their attributes and shortcomings. For this report, I chose to simply measure the ratio of homes priced at or under $150,000 over the total number of active home listings. According to information provided by the Regional Multiple Listing Service of Minnesota, Inc., there are 2,525 homes listed for sale in Dakota County. of that total, 927, or 37% are priced at or below $150,000. In comparison, Apple Valley has 316 homes for sale with 124 of them (39%) priced at or below $150,000. That makes Apple Valley appear above average … (0 comments)
There are many ways to measure affordability, and they all have their attributes and shortcomings. For this report, I chose to simply measure the ratio of homes priced at or under $150,000 over the total number of active home listings.
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