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Faribault Market Trends

Today, November 28, 2009

Median Sales Price in Faribault

Embed Info
1 yr 5 yr Max
Faribault median sales prices
Number of sold homes in Faribault
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$100,000-20.0%$110,050$125,000$150,000
3 bedrooms$120,950-3.2%$135,000$125,000$153,000
4 bedrooms$165,000+4.0%$190,000$158,600$185,000
All properties$118,000-9.2%$135,500$130,000$158,000
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Faribault Summary

The median sales price for homes in Faribault MN for Aug 09 to Oct 09 was $118,000. This represents a decline of 12.9%, or $17,500, compared to the prior quarter and a decrease of 9.2% compared to the prior year. Sales prices have depreciated 25.3% over the last 5 years in Faribault.

The average listing price for Faribault homes for sale on Trulia was $225,706 for the week ending Nov 18, which represents a decline of 0.6%, or $1,274, compared to the prior week and a decline of 5.6%, or $13,430, compared to the week ending Oct 28. Average price per square foot for Faribault MN was $87, a decrease of 25% compared to the same period last year.

 

Average Listing Price in Faribault

Embed Info
1 yr 5 yr Max
Faribault average property price
Faribault – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$99,560+1.7%$97,903$89,249$66,886
2 bedrooms$201,234+6.3%$189,322$197,262$207,856
3 bedrooms$199,671-1.1%$201,793$204,933$207,611
4 bedrooms$301,887+0.9%$299,206$309,276$309,292
All properties$225,706-0.6%$226,980$230,440$239,136
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Average Price Per Sqft for Homes in Faribault

Embed Info
1 yr 5 yr Max
Faribault average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$90-23.1%$118$117$137
3 bedrooms$90-5.3%$104$95$126
4 bedrooms$91-34.1%$107$138$148
All properties$87-25.0%$106$116$134
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Homes for Sale in Faribault

32 Saint Marks Bay, Faribault MN
32 Saint M…
$107,500
3 br  2 ba
914 Orchard Heights Court, Faribault MN
914 Orchard…
$227,500
4 br  2 ½ ba
1610 Greenleaf Road, Faribault MN
1610 Green…
$149,900
3 br  1 ½ ba
320 Sunshine Lane, Faribault MN
320 Sunshi…
$209,900
4 br  2 ½ ba
6000 Fairbanks Path #16, Faribault MN
6000 Fairb…
$165,000
2 br  1 ba
4 Lillian Lane Northwest, Faribault MN
4 Lillian…
$56,900
 
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Faribault

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Nearby Cities

Cities
Median
sales price
Average
listing price
Dundas
$164,000
$200,112
Medford
$275,000
$170,448
Morristown
$155,000
$209,378
Nerstrand
$320,000
$256,361
Kilkenny
$121,000
$223,550
Northfield
$177,450
$257,398
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Recent Q&A in Faribault, MN

Q: Im trying to buy a seasonal lake cabin on leased land in minnesota. Does anyone know a fiinancial institute? 4 answers
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Q: 500 Division St. S #9 sold for $125,000--why is 500 Division #8 listed for $159,000--what is #8 worth 1 answer
Q: My agent took me to a property two months ago and I was very interested but we both agreed that it was 8 answers
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Faribault Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Faribault real estate market. Find Faribault properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Faribault average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Faribault housing statistics are available for each Faribault, MN neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.