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Median Home Sales Price in Rosemount Beats Last July's $215K

The median sales price of homes sold in Rosemount in July was $222,000.

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The median home sales price in continued to grow in July.

Though the increase wasn't quite at the levels of the past handful of months, a 3-percent increase in July brought the median sale price to $222,000; July was also good to sellers in 2011, though, with a $215,000 median sales price reported during the month last year.

The median sales price of homes in the Twin Cities for July 2012 was up 14.3 percent to $179,950, according to the Minneapolis Area Association of Realtors.

Last month, Rosemount saw a greater gain compared to June 2011, with an 8.4-percent increase. In May, a 15.8 percent increase to a median $181,000; in April, the median sales price was $164,950, about 11 percent more than in April 2011.

New listings were up more than 26 percent, and closed sales were up nearly 21 percent. The 113-home inventory is well below July 2011, when there were 166 homes on the market.

See the attached PDF for more about July real estate in Rosemount.

Read more about the Twin Cities real estate market's July performance from the Minneapolis Area Association of Realtors.

gloria_rodgers August 21, 2012 at 06:17 AM
We're currently in the midst of the greatest mortgage refinancing frenzy of the past 5 or 6 years. Rates are now the lowest they've been since mid to late 2003, I worked with a company called 123 Refinance I refinanced my current mortgage to 3.12% search online for them if you are planning to do refinance.

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