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Prior Lake Market Trends

Today, December 8, 2009

Median Sales Price in Prior Lake

Embed Info
1 yr 5 yr Max
Prior Lake median sales prices
Number of sold homes in Prior Lake
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$165,0000.0%$142,000$165,000$225,366
3 bedrooms$235,000-14.5%$238,000$274,950$269,500
4 bedrooms$312,750+20.3%$300,150$260,000$314,450
All properties$237,500-6.0%$247,575$252,558$263,380
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Prior Lake Summary

The median sales price for homes in Prior Lake MN for Sep 09 to Nov 09 was $237,500. This represents a decline of 4.1%, or $10,075, compared to the prior quarter and a decrease of 6% compared to the prior year. Sales prices have depreciated 9.8% over the last 5 years in Prior Lake.

The average listing price for Prior Lake homes for sale on Trulia was $495,102 for the week ending Dec 02, which represents an increase of 0.9%, or $4,402, compared to the prior week and an increase of 4.5%, or $21,192, compared to the week ending Nov 11. Average price per square foot for Prior Lake MN was $197, a decrease of 14.7% compared to the same period last year.

 

Average Listing Price in Prior Lake

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1 yr 5 yr Max
Prior Lake average property price
Prior Lake – number of properties
No. BedroomsWeek ending
Dec 2
w-o-wWeek ending
Nov 25
Week ending
Nov 18
Week ending
Nov 11
1 bedroom-----
2 bedrooms$219,136+1.1%$216,809$213,310$214,751
3 bedrooms$434,074+0.3%$432,668$411,643$412,976
4 bedrooms$492,272+0.7%$488,852$482,737$473,056
All properties$495,102+0.9%$490,700$479,747$473,910
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Average Price Per Sqft for Homes in Prior Lake

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1 yr 5 yr Max
Prior Lake average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$181+1.1%$161$179$220
3 bedrooms$188-20.3%$202$236$235
4 bedrooms$217-16.2%$221$259$265
All properties$197-14.7%$201$231$232
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Homes for Sale in Prior Lake

7821 Painted Sky Court, Prior Lake MN
7821 Paint…
$779,900
4 br  2 ½ ba
4247 Grainwood Circle Northeast, Prior Lake MN
4247 Grain…
$379,000
1 br  2 ba
14698 Bridle Ridge Trail Northeast, Prior Lake MN
14698 Brid…
$289,000
4 br  3 ½ ba
15370 Fish Point Road Southeast, Prior Lake MN
15370 Fish…
$595,000
4 br  2 ba
17332 Wilderness Trail Southeast, Prior Lake MN
17332 Wild…
$119,900
2 br  1 ½ ba
15196 Wood Duck Trail Northwest, Prior Lake MN
15196 Wood…
$479,800
4 br  2 ½ ba
View all Prior Lake Homes for Sale
 
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Prior Lake

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Community Info

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  • 55372
  • 55379
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Nearby Cities

Cities
Median
sales price
Average
listing price
Shakopee
$156,700
$255,296
Savage
$218,000
$275,411
Burnsville
$170,000
$231,808
Lakeville
$265,000
$362,423
New Market
$219,000
$258,026
Elko
$237,242
$303,376
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.