Apple Valley Real Estate Home and Property Sales Data for July 2010 for first time home buyers, home sellers, and relocation to Apple Valley.

The numbers are in for home sales in July and it is the tale of two markets. The data isn't surprising since the tax credit incentive has expired and first time home buyers and home sellers are in a holding pattern trying to figure out this housing market. New listings were down 14% with closed sales down 51%. The year to date number isn't that bad at 6% but still not a great number. Median sales price was up 18% and average sales price was up 3%. Home owners received 92% of original list price at closing which was down a little from last year. Average days on market was down 20% at 109 days. Homes are selling quickly that need need to work and listed at the correct price on day one of the listing. Single family inventory was up 8% and townhouse and condo inventory down 6%.

First time home buyers find valuable information that will save you thousands on your new home. Home Sweet Home Buyers Club will assist you step by step in the buying process.


 

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Kenden Post

Lakeville, MN

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Coldwell Banker Burnet

Address: 7741 147th St. West, Apple Valley, MN, 55124

Office Phone: (952) 432-7200 x 286

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