Minnesota Luxury Real Estate – Inventory Still Falling Quickly

minnesota luxury homes, inventory trend, closed sales trend

The Median List Price and Median Sale Price haven’t moved much based on the data I collected. Data for Luxury Homes covers the entire state of Minnesota, these numbers may be watered down Owners of these homes may be more firm on the price they want, with little change in price reductions There are fewer [...]

Average Home Price in Twin Cities Suburbs

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Luxury Home Inventory Continues to Fall

minnesota luxury homes, housing inventory, housing market, real estate

The inventory of Minnesota Luxury Homes has peaked during the Fall of 2009. Home Sales of Luxury Homes peaked in 2005 and have leveled off since 2009. Sales in 2012 are on pace to hit about 850 Sales. This number will most likely change in the coming months since more closing occur during April, May [...]

Which Communities in the Twin Cities Area Are Selling the Most Homes 2012 YTD

twin cities, homes sales, median sale price, minneapolis, saint paul mn, brooklyn park mn, coon rapids mn, woodbury mn, maple grove mn, blaine mn, lakeville mn, bloomington mn, apple valley mn, plymouth mn, eagan mn,burnsville mn, edina mn, eden prairie mn, brooklyn center mn, shakopee mn, st. louis park mn,maplewood mn, minnetonka mn

I thought it was time to take a look at which communities in the Twin Cities were having the most sales so far in 2012. Most Active Twin Cities – Minneapolis/St. Paul Metro Area Communities

Balanced Housing Market Conditions in the Twin Cities

real estate, housing market, twin cities, minnesota, saint paul, minneapolis, plymouth, rosemount, savage, coon rapids, oakdale, cottage grove, farmington, blaine, shakopee, burnsville, apple valley, eagan, woodbury

Here’s a sampling of communities with a Balanced Market in the Twin Cities Real Estate Housing Market. Saint Paul Plymouth Minneapolis Rosemount Savage Coon Rapids Oakdale Cottage Grove Farmington Blaine Shakopee Burnsville Apple Valley Eagan Woodbury

Blaine Minnesota Real Estate – An Info Graphic

blaine mn, real estate, housing market, home prices, housing inventory, absorption rate

Luxury Home Prices Remain Steady

minnesota luxury homes, real estate, housing market, home sales

Since peaking in the fall of 2009 the absorption rate for homes has improved from 27.28 Months of Inventory to 17.76 Months of Inventory and continues to trend down. The Median Sales Price for Luxury Homes, those above $500,000, in Minnesota has fairly level since the fall of 2009 as well and may make a steady [...]

Is the Twin Cities Housing Market Ice Cold?

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I guess that depends on what area you’re in and what price range your home fits under. Here’s a series of infographics I have.  

Average Home Prices in Twin Cities Suburbs

twin cities, housing market, real estate, home prices, Andover MN, Anoka MN, Apple Valley MN, Arden Hills MN, Blaine MN, Bloomington MN, Brooklyn Center MN, Brooklyn Park MN, Burnsville MN, Centerville MN, Champlin MN, Chanhassen MN, Chaska MN, Circle Pines MN, Columbia Heights MN, Coon Rapids MN, Cottage Grove MN, Crystal MN, Eagan MN, Eden Prairie MN, Edina MN, Falcon Heights MN, Farmington MN, Forest Lake MN, Fridley MN, Golden Valley MN, Ham Lake MN, Hopkins MN, Hugo MN, Inver Grove Heights MN, Lake Elmo MN, Lake Minnetonka Lakeville MN, Lauderdale MN, Lexington MN, Lilydale MN, Lino Lakes MN, Maple Grove MN, Maplewood MN, Mendota Heights MN, Minneapolis Minneapolis Lakes Area Mounds View MN, New Brighton MN, New Hope MN, Newport MN, North St. Paul MN, Oakdale MN, Osseo MN, Plymouth MN, Prior Lake MN, Ramsey MN, Richfield MN, Robbinsdale MN, Rosemount MN, Roseville MN, st Louis Park MN, Savage MN, Shakopee MN, Shoreview MN, South St. Paul MN, Spring Lake Park MN, St. Anthony MN, Saint Paul MN, Victoria MN, West St. Paul MN, White Bear Lake MN, Woodbury MN,

Today I thought I would do an “infographic” on Average Home Prices in Twin Cities Suburbs

Minneapolis Real Estate Luxury Market

luxury home sales, real estate, twin cities, housing market, minneapolis, minnesota

In the chart below the months of inventory is broken up by price range. As you can see from the chart below the lower the price the less time it will take to sell all the homes in that price range. Homes at about $500,000 and above are considered the Luxury Homes in Minnesota. According [...]

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed.

Copyright 2012 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

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This IDX solution is (c) Diverse Solutions 2012.

Eric Hempler is a Minnesota Realtor with the Agent Referral Network and works in conjunction with RE/MAX Advantage Plus on the Minnesota Real Estate Team.