The number of New Listings fell pretty quickly from 2006 – 2009 and has leveled off a little since then. The Median List Price has also leveled off since 2009 suggesting fewer corrections in the market. Inventory levels have fallen below 2005 levels while Pending and Closed sales continue to rise. Pending Sales and Closed [...]
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 [...]
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 [...]
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 [...]
Homes Prices in Eagan have been at bottom since this past Winter while Inventory Levels have fallen to 4.7 Months of Inventory, which is a Seller’s Market. Seller’s Market – Less than 5 Months of Inventory With the rate inventory levels have been falling in Eagan we could see a pretty strong Seller’s Market this [...]
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 [...]
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 [...]
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 [...]
Home Prices in Eagan have been flat since last November and has trended into a Seller’s Market at 4.9 Months of Inventory this past month. Less than five months of inventory is a Seller’s Market.
$74,900 -
15551 Foghorn Lane
Apple Valley
$79,900 -
300 Central Avenue S
New Prague
$299,900 -
12501 Dorchester Trail
Apple Valley
$40,000 -
3215 Newton Avenue N
Minneapolis
$319,900 -
9060 Glenborough Drive
Elko New Market
$299,000 -
6805 Grouse Hollow
Centerville
$169,900 -
3028 Boone Avenue N
New Hope
$419,500 -
1201 N Lakeshore Drive
Lake City
$359,900 -
9170 Woodland Drive
Minnetrista
$54,900 -
1113 Highland Avenue
Northfield
$90,000 -
5220 Fremont Avenue N
Minneapolis
$184,900 -
16775 Hershey Court
Lakeville
$160,000 -
5725 Standish Avenue
Minneapolis
$119,900 -
1101 46th Avenue NE
Columbia Heights
$235,000 -
1408 Albany Avenue
St. Paul
$110,000 -
7190 Jorgensen Lane S
Cottage Grove
$796,000 -
28558 Isle Avenue
Northfield
$95,000 -
1363 Magnolia Avenue E
St. Paul
$99,500 -
3422 Girard Avenue N
Minneapolis
$109,900 -
1308 27th Avenue NE
Minneapolis
$65,000 -
10756 Ilex Street NW
Coon Rapids
$425,000 -
200 Krestwood Drive
Burnsville
$169,900 -
11718 Florida Avenue N
Champlin
$200,000 -
9986 Vervain Drive
Eden Prairie
$154,900 -
514 6th Street W
Hastings
$279,000 -
130 County Road C E
Little Canada
$131,000 -
5555 131st Street W
Savage
$159,900 -
3935 Harbor Lane N
Plymouth
$46,500 -
5959 Camden Avenue N
Brooklyn Center
$185,800 -
610 7th Street
Farmington
$187,900 -
2317 10th Street NE
Sauk Rapids
$99,900 -
3260 Highway 25
Watertown Twp
$289,900 -
25881 Zachary Avenue
Elko New Market
$84,900 -
1032 Larkspur Lane
Waconia
$211,860 -
261 James Parkway
Elko New Market
$134,500 -
715 Roselawn Avenue E
Maplewood
$224,900 -
2421 Clinton Avenue
Minneapolis
$69,900 -
1837 York Avenue
St. Paul
$1,995,000 -
7417 280th Street W
Eureka Twp
$130,000 -
12952 8th Avenue S
Zimmerman
$225,000 -
12742 Portland Circle
Burnsville
$144,000 -
4400 6th Street NE
Columbia Heights
$129,900 -
370 Goodrich Avenue
St. Paul
$114,900 -
3592 Avon Court
Woodbury
$149,000 -
6018 Halifax Avenue N
Brooklyn Center
$124,900 -
4228 Quincy Street NE
Columbia Heights
$140,000 -
14983 Chestnut Lane
Savage
$949,000 -
7507 110th Street E
Northfield
$215,000 -
12265 48th Circle NE
St. Michael
$24,000 -
16534 Franklin Trail SE ,Unit 5C
Prior Lake
This IDX solution is (c) Diverse Solutions 2012.
