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 [...]

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 [...]

Luxury Homes in Scott County

Luxury Homes in Dakota County

Luxury Homes on the Parade of Homes Tour

The Parade of Homes Tour has already begun New Homes – March 3 – April 1, Thurs – Sun Noon to 6pm Remodeled Homes – March 30 – April 1, Fri 1 – 7, Sat/Sun Noon – 6pm Below is a list of some of the Luxury Homes on the tour.  

Luxury Home Inventory Continues to Fall

minnesota luxury homes, housing inventory, housing market, real estate

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 [...]

Million Dollar Foreclosures Have Little Significance in the Housing Market

minnesota, real estate, housing market, foreclosures, distressed homes

On Thursday CNN Money reported Million-dollar foreclosures rise as rich walk away. I went ahead and reviewed the luxury home market in Minnesota and I’m not so sure that’s true Minnesota. The number of luxury home foreclosures did peak in 2008, but have trended down since 2009, leveling off during 2010 – 2011 and have [...]

Twin Cities Communities with the Most Luxury Homes

minnesota luxury homes, real estate, housing market

Twin Cities Communities with the most Luxury Homes for Sale along with their Median List Price

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.

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.