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

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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 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 [...]

Twin Cities Communities with the Most Luxury Homes

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

Minneapolis Real Estate Luxury Market

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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 [...]

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.