Eagan Real Estate Market Update for August and property sales. Information for first time home buyers, home sellers, and relocation to Eagan.
Information is in for August home sales in Eagan. New listings were up 12% and closed sales were down 36%. This could be in direct relation to the first time home buyer credit going away in June. We had a increase in our closings for the month of June and depending on what city you are in are trending slightly downward. We need banks to loosen up their lending and get the stimulus money out into the marketplace and not on their balance sheets. Median sales and average sales price were both up roughly 27%. Average days on market was down 22% to 119 days. Single family homes inventory was up 10 and townhouse and condo inventory was up 8%.
If you have any questions on homes or properties in Eagan please feel free to contact us for further information. If you are currently looking for a home in Eagan register for the Home Sweet Home Buyers Club and save thousands on your home purchase. Home sellers get your no obligation market analysis to see what you home is worth. Relocating to Eagan? Request your free relocation packet.
Do you know someone that is having problems making their mortgage payment but are afraid to ask for help?
Homeowners don't seek help because they feel they have run out of time. There is help. For a free no obligation consultation without being judged call today. A short sale will affect a persons credit for 2-3 years but a foreclosure up to 7 years. Do it for your family.