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    Burnsville 3.19 Market Report

    Uploaded by

    Leslie Dahlen
    The document provides a market update for Burnsville, Minnesota for March 2019. It shows decreases in new listings and closed sales compared to the previous year but an increase in median sales price. Additional statistics on average sales price, price per square foot, percent of original list price received, and days on market are also presented.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Burnsville 3.19 Market Report

    Uploaded by

    Leslie Dahlen
    31 views1 page
    The document provides a market update for Burnsville, Minnesota for March 2019. It shows decreases in new listings and closed sales compared to the previous year but an increase in median sales price. Additional statistics on average sales price, price per square foot, percent of original list price received, and days on market are also presented.

    Original Description:

    Market report for month of March with running annual totals and comparison to last year

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    © © All Rights Reserved

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    The document provides a market update for Burnsville, Minnesota for March 2019. It shows decreases in new listings and closed sales compared to the previous year but an increase in median sales price. Additional statistics on average sales price, price per square foot, percent of original list price received, and days on market are also presented.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    31 views1 page

    Burnsville 3.19 Market Report

    Uploaded by

    Leslie Dahlen
    The document provides a market update for Burnsville, Minnesota for March 2019. It shows decreases in new listings and closed sales compared to the previous year but an increase in median sales price. Additional statistics on average sales price, price per square foot, percent of original list price received, and days on market are also presented.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Local Market Update – March 2019

    A RESEARCH TOOL PROVIDED BY MINNEAPOLIS AREA REALTORS®

    - 15.6% - 26.5% + 5.2%


    Change in Change in Change in

    Burnsville New Listings Closed Sales Median Sales Price

    March Rolling 12 Months


    2018 2019 +/– 2018 2019 +/–
    New Listings 109 92 -15.6% 1,202 1,170 -2.7%
    Closed Sales 68 50 -26.5% 1,040 1,015 -2.4%
    Median Sales Price* $258,500 $272,000 + 5.2% $249,900 $262,000 + 4.8%
    Average Sales Price* $254,399 $269,324 + 5.9% $242,188 $259,674 + 7.2%
    Price Per Square Foot* $126 $130 + 3.0% $121 $129 + 6.5%
    Percent of Original List Price Received* 99.4% 99.6% + 0.2% 98.7% 99.4% + 0.7%
    Days on Market Until Sale 44 35 -20.5% 41 34 -17.1%
    Inventory of Homes for Sale 83 83 0.0% -- -- --
    Months Supply of Inventory 1.0 1.0 0.0% -- -- --
    * Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

    2018 2019 2018 2019


    March Rolling 12 Months
    109 1,202 1,170
    92 1,040 1,015
    68
    50

    -15.6% -26.5% -2.7% -2.4%


    New Listings Closed Sales New Listings Closed Sales

    Change in Median Sales Price from Prior Year (6-Month Average)** 16-County Twin Cities Region b
    Burnsville a
    + 30%

    + 20%

    + 10%

    0%

    - 10%

    - 20%

    - 30%
    1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019

    ** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.
    This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.

    Current as of April 8, 2019. All data from NorthstarMLS. | Powered by ShowingTime.

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