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Cottage Grove Real Estate Agent Jeff Lundquist and his team of Cottage Grove real estate agents welcome you to I Got Real Estate. We service the greater Minneapolis real estate market as well as the areas of Minnesota that you see to the right in our featured listing navigation.
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Cottage Grove Real Estate, Minnesota
Cottage Grove was transformed from a rural community of 800 to a middle-class bedroom city of more than 32,553. Set near the confluence of the Mississippi and St. Croix rivers, Cottage Grove has distinctive natural beauty. Much of the city's southern border is the Mississippi, and there are several homes and a municipal golf course on the river. Cottage Grove real estate can be found in developments such as Sandy Hills, Hidden Valley, Hidden Lakes or River Acres.
Find Cottage Grove Homes For Sale
Finding Cottage Grove homes for sale is a worthwhile investment if you're interested in the proximity to undeveloped open space. Cottage Grove acquired its name from a home built by 19th century farmer J.W. Furber, who called his residence the ``cottage in the grove.'' Some descendants of those original settlers still continue to farm, and you can glimpse what life in old Cottage Grove was like in the ``old village'' area that dates back to the 1850s. Today the growth has come at a steady rate of about 250 to 390 new homes per year making it a place to call home.
Cottage Grove Real Estate News for February
What is the months of supply of inventory for homes for sale in Cottage Grove? The latest reports of 2.1 months was reported in February, 2013 down -50% year vs year. In February, 2013 the 53 new listings were lower year over year in Cottage Grove it was down -5 homes. The 29 closed sales in February was lower month over month in Cottage Grove it was down -6 homes. Cottage Grove is now at 96 for numbers of days on market until sold in February that was higher vs last month, up 7.9%. Average house sales price in Cottage Grove was $203,419 in February that was higher month over month, it was up $26,785 this month over last month. Cottage Grove real estate average median sales price dropped -0.9% yr/yr in February we are still concerned, call today to talk to with our Cottage Grove Real Estate Group. Today we talked about the current housing market, at Cottage Grove Real Estate Group the latest data on days on the market until sold in February 2013, the percentage was down -40.8% to 71 days in the past 12 months. Many of us at the Cottage Grove Real Estate Team were talking current market conditions for the month of February 2013, the data says homeowners are getting 95.8% from origional list price for their homes up from 93.6% last year.
Search every listing of every home for sale in Cottage Grove though we can no longer use the phrase search Cottage Grove MLS because the RMLS initiated a Rule that prohibited the use of the term MLS. So every place that used to say search the MLS now says search Listing Search.