Golden Valley’s Stubborn Housing Market

golden valley mn, real estate, housing market, closed sales, pending sales, housing inventory

The number of New Listings in Golden Valley have been falling at a steady rate from about 2005 – 2010. After a slight increase in 2010 New Listings have been falling ever since. The Median List Price has been making downward movements for some time and have just recently started to inch up. The Inventory [...]

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 [...]

Golden Valley’s Housing Market – Nearly Balanced

Golden Valley MN, Real Estate, Housing Market, April 2012, Home Prices, Housing Inventory

In the latest data I’ve collected from the MLS on Golden Valley I continue to see inventory drop while home prices begin to make a small climb. The Absorption Rate in Golden Valley was as high as 12 Months of Inventory in 2011 and has fallen to 7.1 Months of Inventory. If inventory falls a [...]

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 [...]

Average Home Price in Twin Cities Suburbs

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Housing Inventory in Golden Valley Continues Free Fall

golden valley, real estate, housing market, home prices, housing inventory

In the latest data I’ve collected from the MLS on Golden Valley I continue to see inventory drop while home prices begin to make a small climb. The Absorption Rate in Golden Valley was as high as 12 Months of Inventory in 2011 and has fallen to 7.3 Months of Inventory. If inventory falls a [...]

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?

housing market, real estate twin cities, minnesota, 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, HOME PRICES, HOPKINS MN, HOUSING MARKET, 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, REAL ESTATE, RICHFIELD MN, ROBBINSDALE MN, ROSEMOUNT MN, ROSEVILLE MN, SAINT PAUL MN, SAVAGE MN, SHAKOPEE MN, SHOREVIEW MN, SOUTH ST. PAUL MN, SPRING LAKE PARK MN, ST LOUIS PARK MN, ST. ANTHONY MN, TWIN CITIES, VICTORIA MN, WEST ST. PAUL MN, WHITE BEAR LAKE MN, WOODBURY MN

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.  

Golden Valley’s Stubborn Buyer’s Market

golden valley mn, real estate, housing market, home prices, housing market

Golden Valley looks to be one of the more stubborn markets in the Twin Cities with a Buyer’s Market Absorption Rate at 8.6 Months of Inventory. The Absorption Rate has come down considerably since April 2011, but so have home prices, down 7% from 2002 to 2011 and down 26% from the peak of 2006. [...]

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.