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: March Prior Lake Home Sales

In March, 2012 the 38 closed sales were higher year over year in Prior Lake it was up 15.2%. What is the months of supply of inventory for homes for sale in Prior Lake? The latest reports of 5.4 months was reported in March, 2012 it was down -34.9% y/y. 217 days on the market until sold in March was flat vs last month in Prior Lake it rose 0 days. Average median sales price in Prior Lake was $237,500 in March that was higher month over month, it was up 18.8%. Prior Lake percent of origional price listed recieved rose 2.2% yr/yr in March to 93% that something we want to see continue, call today to talk to with our Prior Lake Real Estate Team. Yes, we often we discuss the real estate market, at Prior Lake Real Estate Group the latest data on days on the market until sold in March 2012, the percentage was down -11.8% to 157 days in the past 12 months. The average real estate sales price of $274,226 in March was higher y/y in Prior Lake up 32.4%. The Prior Lake Real Estate Group was talking about new listings for the month of March 2012, they were up 19 homes to a total of 71.