In the Savage real estate market there were a total of 46 sales in September 2009. The average selling price for that period was $231,629 and the median selling price was $218,000. Over the same period in 2008 there were 26 total sales with an average price of $279,114. Single family inventory is down 27.9% in September 2009 over last year and sales are up 14.8% year to date through September 2009. A lot of lower end foreclosures recently sold which has driven down the median selling price. Savage has a moderate share of lender-mediated properties—25.6 percent of current homes for sale. Total Twin Cities inventory is 30.7 percent lender-mediated. Some areas of the city and some price ranges continue to do well. It is a great time to buy if you know where to look, as real estate experts in the Savage market, we are here to help you find a great property at a great price, please contact us today for an up to date market report. The City of Savage is located south of and adjacent to the Minnesota River just southwest of Twin Cities Metro. Savage is not known just for its natural beauty but also for its role in Minnesota history and especially as the home of the famous race horse, Dan Patch. The Dan Patch Historical Society maintains a wealth of information about the horse and the town of Savage itself. The business district has seen numerous upgrades and improvements in recent years and its proximity to the highway 169 bridge over the river makes this community a favorite with the Metro commuter. Savage real estate offers a variety of home styles in all price ranges. The Southwest Newspapers publish a Resident guide each year. We would be happy to send you a copy of this helpful resource.
Population 25,485 (2008) Median Household Income $88,100 (2000) |
| Savage Climate Average Temp. in Jan. 13 Average Temp. in July 73 Avg. Annual Rainfall 29” Avg. Annual Snowfall 50” |
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Savage is home to 2 unique and valued environmental phenomenons: Eagle Creek and the Savage Fen Wetlands. The City of Savage has worked hard to preserve these natural treasures. Parks, Recreation and Entertainment The City of Savage Park System consists of 20 parks and totals over 280 acres of both active and passive use areas. Other park areas include the Eagle Creek Aquatic Management Area and Murphy Hanrehan Park Reserve. The city operates and maintains a variety of athletic fields, including soccer fields, football fields, and softball and baseball diamonds. In addition to the city parks, there are several regional parks in the area. Spring Lake Regional Park has 354 acres of undeveloped land, Murphy-Hanrehan features 2400 acres of undeveloped land plus hiking, mountain biking and horse trails, Cleary Lake Regional Park provides skiing, water sports and golf on 1,045 acres and Historic Murphy’s Landing offers a unique look at Minnesota life in the 1800’s. The city’s park and recreation program offers activities for all ages and in all seasons. A partnership between the City of Savage and Lifetime Fitness maintains a large aquatic and recreation center in the southwest quadrant of the city. Schools in Savage Savage is served by two school districts: Burnsville-Eagan-Savage Schools and Prior Lake-Savage: Prior Lake-Savage Schools continue to rank among the best in the state. As the 2008-09 school year began; approximately 7000 students were enrolled in the districts’ nine schools. An additional elementary school, Redtail Ridge is scheduled to open for the 2009-20010 school year. With a wide variety of sports and activities offered, students of all abilities are able to participate. Burnsville-Eagan-Savage Schools is a large school district with approximately 2400 students in its high school (10-12). There are 3 junior high schools and 10 elementary schools located within the district. |