Lakeville Home For Sale

Located just about 20 miles away from Minneapolis along Interstate 35, the Lakeville real estate market is one of the more popular suburbs of the Twin Cities. One thing that makes it so popular is the quality of the schools that are located in Lakeville. The Lakeville Area Public School District is the governing entity of the city’s schools and there are more than 10,000 students who attend. Our kids attend the Orchard Lake Elementary School which is for grades K-5th but there are eight other elementary schools for young kids as well. In addition, there are three middle schools and two high schools that are located in Lakeville so your child never has far to go to get a quality education.

For the community’s more mature residents, the Lakeville Senior Center is a hub of activity. There is a weekly pancake breakfast for the seniors that my parents always enjoy going to. In addition to that, there are exercise classes, craft classes and even computer classes so the town’s older residents can learn new things and stay active all in one place.

Lakeville Real Estate Info: Prices of Homes in Lakeville MN

If you are looking for an upscale home in an exclusive MN neighborhood, the Lakeville real estate market has what you are looking for. Some of the higher end Lakeville neighborhoods include Oak Heights, Wild Meadow Villas, Stonebridge and the Spirit of Brandjen Farm, among several others. New Lakeville housing developments are springing up all the time because of the area’s popularity and family oriented atmosphere. Many homes in these neighborhoods are located within walking distance to schools like Lakeville South High School and McGuire Middle School. You can also find more budget oriented homes in Lakeville neighborhoods like Bellante Townhomes, Village Creek and the Trevar on the Greenway.

The Lakeville MN real estate market is ideal for any budget. There are dozens of homes that you can find for less than $150,000 if you have a smaller buying budget. For a more moderate buying budget, there are properties and single family homes ranging between $150,000 and $300,000. For the home buyer with a larger budget, there are homes available in the $300,000 price range and above.

Lakeville Real Estate News: March Lakeville Home Sales

The 119 new listings in March were higher month over month in Lakeville it was up 29 houses. Lakeville had 48 houses that closed in March that was lower year over year, it was down an absolute -14 houses. Several of us at the Lakeville Real Estate Team were talking current market conditions for the month of March 2012, the data says homeowners are getting 95.3% from origional list price for their homes up from 91.8% last year. March, 2012 the average sales price of a home was $228,666 in Lakeville that was lower yr/yr it was down ($2,045) on average in the past 12 months. In Lakeville the average days on the market declined -16% yr/yr to 121 in March that we would like to see continue with our Lakeville Real Estate Team. Lakeville median sales prices of real estate rose 22.2% mo/mo in March that something we encouraged to see with our Lakeville Real Estate Group. Lakeville is now at 4 months of inventory for sale in March that was lower vs last year, call a real estate expert from Lakeville Real Estate Group. 274 days on the market until sold in March was up vs last month in Lakeville up 0.4%.