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Eagan Real Estate Review 2010 - What happened?

By
Real Estate Agent with Keller Williams Preferred Realty

This year Eagan's real estate market really told the story of the entire Minnesota housing market.  Interestingly, foreclosure and short sale volume was relatively stable throughout the year.  The real variability in Eagan real estate is in the traditional listings (those that are neither Eagan foreclosures or Eagan short sales).

 

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The monthly average sale price varied little over the course of the year.  A few Eagan luxury homes sold producing a artificially high monthly average.

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One of the most interesting parts of 2010 was the average days on market.  Shorter times on the market reflects a faster rate of sales in the previous month.  March and April have lower average days on the market (85 and 79, resp) which reflect a high level of activity in January and February (the REAL spring market in Minnesota).

Comments (1)

Melissa Hailey
North Texas Top Team, REALTORS (Plano, Murphy, Wylie) - Plano, TX
Collin County Realtor-Lucas, Murphy, Plano, Parker

Good information....I like the way it's split out.  Maybe I can do something like this in my area with our statistics.  Thanks for the idea.

Dec 21, 2010 03:10 AM

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