Home and property sales information for first time home buyers, home sellers, and relocation for the Savage MN area.

The information is in for August home and property sales in Savage MN and here is the information. New listings were down 12% to 70 and closed sales were down 45%. This could be with federal tax credit going away in June unless you were under contract with a short sale or bank owned property giving you until the end of September to close. We need the banks and financial institutions to start lending the 3 trillion dollars they have and get it back out into the market to work. Median sales price was down 13% and average sales price down 14%. The average days on market was down to 109 days from 133 the same period a year ago. Single family inventory was unchanged and the townhouse and condo inventory down 1%.

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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

Cell Phone: (612) 310-6304

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