Prior Lake Home For Sale

The town of Prior Lake, also known as “South of the River,” is one of the fastest growing areas in the Twin Cities metropolitan area. The residents of Prior Lake take great pride in their community as they have a City Clean Up Day every year. My family participates in this event and for a small fee, we can take our large trash items to a certain spot and drop it off. We know one person that even took an old car to get rid of it!

As for schools, the Prior Lake-Savage School District is the governing school district in the community. Our kids attend the Five Hawks Elementary School on Five Hawks Avenue but there are six other elementary schools, two middle schools and one high school for children to attend. The district picks great teachers and staff members to be a part of the learning experience and our children’s test scores make it show.

Prior Lake Real Estate Info: Prices of Homes in Prior Lake MN

Prior Lake MN neighborhoods have something for everyone. Whether you are a family looking for a new home or an individual buyer looking for a quiet place, you will find what you need in one of the Prior Lake neighborhoods. Some of the more upscale options are in communities like Jeffers Pond, The Covers, Windsor Estates and Wilds Ridge. Home owners in these Prior Lake neighborhoods have access to more than 40 area parks as well as 60 miles of trails so you can explore the surrounding beauty without going far from home.

There is a wide variety of homes and prices for Prior Lake MN real estate properties. There are hundreds of Prior Lake homes for sale priced below $300,000 for the budget-minded buyers to consider. There are also many homes in the middle of the price ranges between $300,000 and $700,000 with more spacious floor plans and amenities. For those who have a larger home buying budget, you can find dozens of homes priced above $700,000 as well.

Prior Lake Real Estate News: December Prior Lake Home Sales

Prior Lake average real estate sales prices dropped -32.4% mo/mo in December that something we are monitoring and talking about with our Prior Lake Real Estate Group. In Prior Lake the average days on the market declined -26.6% yr/yr to 91 in December that we would like to see continue with our Prior Lake Real Estate Group. Currently in Prior Lake homeowners are getting about 95.1% from the original list price of their home which is up from 93.2% last month. December, 2011 the average median sales price of $168,450 was lower yr/yr in Prior Lake it was down ($42)K on average in the past 12 months. Prior Lake Real Estate Group were evaluating the months of inventory situation of real estate for sale market for the month of December 2011, it was down -14.5% m/m. What is the current inventory for homes for sale in Prior Lake? The latest reports of 200 days was reported in December, 2011 down -21.9% year vs year. The Prior Lake Real Estate Group were talking about the total number of homes that closed for the month of December 2011, they were down -9 homes to a total of 27. Prior Lake saw 38 new listings in December that was lower year over year, as a percentage it was down -9.5%.