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 [...]
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 [...]
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 [...]
I thought it was time to take a look at which communities in the Twin Cities were having the most sales so far in 2012. Most Active Twin Cities – Minneapolis/St. Paul Metro Area Communities
Twin Cities Communities with the most Luxury Homes for Sale along with their Median List Price
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 [...]
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 [...]
$74,900 -
15551 Foghorn Lane
Apple Valley
$79,900 -
300 Central Avenue S
New Prague
$299,900 -
12501 Dorchester Trail
Apple Valley
$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
$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
$219,900 -
442 Stonewood Lane
Burnsville
$499,000 -
13831 Furman Street NE
Columbus
This IDX solution is (c) Diverse Solutions 2012.
