Apple Valley market activity for the first three quarters of 2011 is similar to Dakota County tabulations. According to data from the Regional Multiple Listing Service of Minnesota, Inc., There are 287 active residential real estate listings in Apple Valley with 515 closed sales, year to date. Inventory is just over five months and a little lower than the overall Dakota County inventory which is closer to six months.
The percentage of distressed property listings and sales are similar to the overall county numbers. 36% of the active listings are disclosed as distressed (either lender owned or potential short sales), and 45% of the closed residential sales this year were disclosed as distressed sales.
There have been 346 cancelled or expired listings in Apple Valley this year. If your home is among them, you may benefit from our o cost, no-obligation failed listing analysis. You will receive candid, not candied information with absolutely no sugar coating. Call if you want information or help.
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