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 [...]

Chanhassen Home Prices – A Steady Ride

chanhassen mn, real estate, housing market, days on the market, months of inventory

Since 2005 the Median List Price in Chanhassen has fluctuated between $300,000 and $350,000 till June 2011 were it rose to $373,000 for the month of April 2012. The New  Listings Trend has been steadily falling since 2005. With less competition entering the market this has allowed  homeowners to ask for a higher Listing Price [...]

27 Suburbs with Appreciating Home Prices

twin cities suburbs, real estate, housing market, housing inventory, burnsville mn, woodbury mn, maple grove mn, minneapolis, plymouth mn, saint paul minnesota, lakeville mn, chanhassen mn, eden prairie mn, prior lake mn, chaska mn, edina mn, golden valley mn, lake minnetonka, apple valley mn, eagan mn, rosemount mn, savage mn

Twenty-Seven out of the Ninety-Two Communities we survey in the Twin Cities Metro Area saw home price rise when we compared the Median Sales Price in 2011 to the first quarter of 2012. We also surveyed the same communities to see which ones have appreciated since the 2006  Housing Market Peak. So far we haven’t [...]

Are Twin City Home Prices on the Rebound?

For the most part…yes! Here’s what I can tell you about the communities I track. Areas with Rising Prices Chaska Apple Valley Plymouth Maple Grove Chanhassen Rosemount Areas poised for a rebound Edina Lake Minnetonka Golden Valley Burnsville Prior Lake Eagan Eden Prairie Lakeville Savage Woodbury There’s a good chance each one of these communities [...]

Chanhassen Home Prices – Steady Rise

chanhassen mn, real estate, housing market, april 2012, home prices, housing inventory

Chanhassen is one of the communities that have weathered the housing down turn pretty well. Since Home Prices peaked in 2006 Chanhassen has actually broke even and prices have appreciated 19% since 2002. As you can see in the chart below price movements have not been very significant since 2007 with a little dip in [...]

Luxury Home Market

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

Home Prices for Luxury Homes have been pretty flat for some time even with inventory levels falling. Now that lower priced homes are selling faster with multiple offers it’s only a matter of time before higher priced homes start to feel the trickle effect of an improving market. Luxury Homes Sales are on pace to [...]

Midwest Home’s Luxury Home Tour

June 8-10, 15-17 & 22-24, 2012 Tickets Go on Sale May 28th. Here’s a Preview from 2011 Find out more at The Midwest Home’s Luxury Home Tour Website

Luxury Home Market Data Remains Flat

minnesota luxury homes, home sales

Prices and Sales Figures remain flat for Luxury Homes in Minnesota while inventory levels steadily decline. Luxury Homes Sales are on pace to hit 1,376 Sales, which is about 700 fewer than sales in 2011 and 2010. In this next graphic we can see which communities have the most luxury home sales in Minnesota and [...]

Twin Cities Housing Market Update – 1st Quarter of 2012

twin cities, minneapolis, minnesota, pending sales, new listings, home sales, real estate, housing market

With an unusually seasonably warmer first quarter buyers started looking at homes a little sooner compared to previous years. It’ll be interesting to see if Minnesota still follows a similar pattern of peak activity between now and Memorial Day or if it will die down a little bit sooner compared to previous years. More than [...]

Inventory Continues to Plummet in Chanhassn

chanhassen mn, real estate, housing market, home prices, housing inventory

I always find the market stats in Chanhassen to be the most interesting for some reason. Maybe it’s because home prices in the area have stayed relatively flat for so long even though inventory levels are high, but the biggest change over the last twelve months is how far inventory levels have fallen. From a [...]

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.