Shakopee Real Estate Trends & Statistics

Shakopee Median List Price

$224,450

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Shakopee Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	165	142	16%	173	5%
Median List Price	$224,450	$225,000		$199,900	12%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	4%		2%
Median DOM	36	28	29%	53	32%
Median House Size	2,000	2,068	3%	2,011	1%
Median $/Sqft	$104/sqft	$104/sqft		$93/sqft	12%

	Today	1 Month Ago		1 Year Ago
Total Inventory	112	101	11%	117	4%
Median List Price	$284,900	$296,900	4%	$239,900	19%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	3%		2%
Median DOM	36	28	29%	49	27%
Median House Size	2,456	2,361	4%	2,368	4%
Median $/Sqft	$111/sqft	$108/sqft	3%	$101/sqft	10%

	Today	1 Month Ago		1 Year Ago
Total Inventory	53	41	29%	56	5%
Median List Price	$149,000	$135,000	10%	$119,900	24%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	5%		2%
Median DOM	34	20	70%	63	46%
Median House Size	1,472	1,512	3%	1,464	1%
Median $/Sqft	$99/sqft	$91/sqft	9%	$76/sqft	30%

Shakopee Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	43	29	28	26	20	28	31
New Listings	60	47	38	73	66	82	99
Sold/Expired	80	72	45	66	68	82	83

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	37	23	23	22	13	22	26
New Listings	40	27	21	46	42	57	60
Sold/Expired	49	47	29	47	48	51	51

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	6	6	5	4	7	6	5
New Listings	20	20	17	27	24	25	39
Sold/Expired	31	25	16	19	20	31	32

Shakopee, Minnesota real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Shakopee homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Shakopee. Movoto is your comprehensive source for Shakopee property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Shakopee, MN Market Overview

Inventory: 165 Recently Sold: 83 New Listings: 99 Distressed: 2

Shakopee's home resale inventories increased, with a 16 percent increase since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Shakopee stayed the same from April to May. There were a total of 5 price increases and 31 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

7013 Edington Cir, Shakopee, MN