Median Sale Price in Brooklyn Park

 

The Median Sale price in Brooklyn Park has improved from it’s low in the Fall/Winter of 2011/2012, with a slight plateau in the Fall/Winter 2013/2014.   This chart shows the median sale price of single family, previously owned homes divided into three categories:  traditional sellers, foreclosures and short sales.   Note the large increase in the median sale price of foreclosed properties, demonstrating what we’ve been feeling – the “deals” are getting harder to find as the banks are getting higher prices for their properties.   There is still a gap in the median sale price for traditional sellers over the distressed sellers.

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About Jon Perkins

Jon is the Lead agent for the Perkins Team with RE/MAX Results. Jon has been selling homes accross the Twin Cities since 1985. Jon works with his wife Mary Beth and his team of real estate professionals to provide the highest level of service available in the real estate industry.

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