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 [...]

Luxury Homes in the Twin Cities Area

Luxury Homes, twin cities, real estate, housing market

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 [...]

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 [...]

Houses for Sale in Credit River

Related Posts:Luxury Home Prices Remain SteadyLuxury Homes in the Twin Cities AreaMinneapolis Real Estate Luxury MarketNew Home Construction Expectations for 2012There are Seller Markets within the Twin Cities Area

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.

Regional Multiple Listing Service of Minnesota Logo

This IDX solution is (c) Diverse Solutions 2012.