Luxury Home Inventory Continues to Fall
March 3, 2012 By 4 Comments
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 [...]
Twin Cities Communities with the Most Luxury Homes
February 19, 2012 By 1 Comment
Twin Cities Communities with the most Luxury Homes for Sale along with their Median List Price
Distressed Real Estate – Worst Hit vs. Least Hit – 2011
February 17, 2012 By 5 Comments
Today I thought I compare the worst hit area and the least hit area in the Twin Cities since the 2006 Housing Market Peak. My comparison is the Near North Area of Minneapolis and Chanhassen, Minnesota. Since 2006 – 2011 prices in the Near North Area of Minneapolis have fallen 75% compared to Chanhassen’s gain [...]
Luxury Home Prices Remain Steady
February 17, 2012 By 4 Comments
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 [...]
Luxury Homes in the Twin Cities Area
February 7, 2012 By 4 Comments
I thought today would be a good time to update my post on Luxury Homes Bought in Minneapolis Real Estate Market. Just like my last post I’ve include the Seven County Area of the Twin Cities in my charts. As of the start of 2012 the Lake Minnetonka Area has the most sale followed by [...]
Is the Twin Cities Housing Market Ice Cold?
February 5, 2012 By 4 Comments
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.
Chanhassen’s Rising Prices Contrary to a Buyer’s Market
February 1, 2012 By Leave a Comment
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 [...]
Average Home Prices in Twin Cities Suburbs
January 23, 2012 By 4 Comments
Today I thought I would do an “infographic” on Average Home Prices in Twin Cities Suburbs
