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Prior Lake Market Trends

Today, November 23, 2009

Median Sales Price in Prior Lake

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1 yr 5 yr Max
Prior Lake median sales prices
Number of sold homes in Prior Lake
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$284,000+16.4%$157,500$244,000$240,631
2 bedrooms$155,000-17.1%$150,000$186,938$223,079
3 bedrooms$239,000-6.3%$238,000$255,000$279,900
4 bedrooms$260,000-17.4%$302,500$314,900$309,012
All properties$235,000-8.4%$242,793$256,670$264,000
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Prior Lake Summary

The median sales price for homes in Prior Lake MN for Aug 09 to Oct 09 was $235,000. This represents a decline of 3.2%, or $7,793, compared to the prior quarter and a decrease of 8.4% compared to the prior year. Sales prices have depreciated 11% over the last 5 years in Prior Lake.

The average listing price for Prior Lake homes for sale on Trulia was $479,747 for the week ending Nov 18, which represents an increase of 1.2%, or $5,837, compared to the prior week and an increase of 1.3%, or $6,206, compared to the week ending Oct 28. Average price per square foot for Prior Lake MN was $200, a decrease of 14.9% 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
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms$213,310-0.7%$214,751$212,520$203,846
3 bedrooms$411,643-0.3%$412,976$406,182$405,956
4 bedrooms$482,737+2.0%$473,056$458,211$461,785
All properties$479,747+1.2%$473,910$472,922$473,541
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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. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$208+14.9%$177$181$191
2 bedrooms$179-7.7%$145$194$200
3 bedrooms$203-12.5%$207$232$235
4 bedrooms$213-19.9%$218$266$230
All properties$200-14.9%$200$235$227
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Homes for Sale in Prior Lake

15370 Fish Point Road Southeast, Prior Lake MN
15370 Fish…
$595,000
4 br  1 ½ ba
17332 Wilderness Trail Southeast, Prior Lake MN
17332 Wild…
$119,900
2 br  1 ½ ba
16654 Inguadona Beach Circle Southwest, Prior Lake MN
16654 Ingu…
$249,900
 
16640 Inguadona Beach Circle Southwest, Prior Lake MN
16640 Ingu…
$489,900
5 br  2 ba
6436 Conroy Street Northeast, Prior Lake MN
6436 Conroy…
$879,000
4 br  2 ½ ba
3960 230th Street East, Prior Lake MN
3960 230th…
$364,900
4 br  4 ½ ba
View all Prior Lake Homes for Sale
 
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Prior Lake

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  • 55372
  • 55379
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Nearby Cities

Cities
Median
sales price
Average
listing price
Shakopee
$165,000
$264,556
Savage
$217,000
$274,445
Burnsville
$177,828
$236,702
Lakeville
$260,000
$364,993
New Market
$235,000
$253,500
Elko
$242,000
$290,572
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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.