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 [...]
The number of New Listings entering the market in Prior Lake peaked in December 2007 at about 115 units and have been declining pretty quickly until 2010 were they started to slow down. Right now the average number of New Listings is just under 70 units per month. The Median List Price of $238,000 in [...]
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 [...]
Inventory Levels peaked at 15.8 Months of Inventory in December 2008 and have fallen to around 9 Months of Inventory from January 2010 to June 2011 and have been falling ever since. Right now Inventory levels continue to trend down at 6.8 Months of Inventory, which is considered a Balanced Market. Buyer’s Market = 7 Months [...]
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 [...]
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 [...]
The Decline in Inventory Levels in Prior Lake have begun to slow down in the first quarter of 2012 and prices have also started to find their equilibrium. The Absorption Rate in Prior Lake is holding steady at about 7 Months of Inventory, which is a Buyer’s Market. 5 – 7 Months of Inventory is [...]
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 [...]
$199,900 -
2674 Cedar Avenue
White Bear Lake
$249,900 -
4939 Credit River Drive
Savage
$32,900 -
16534 Franklin Trl Se Block 8-C
Prior Lake
$269,900 -
14013 Whiterock Road
Burnsville
$799,900 -
15271 Fairbanks Trail NE
Prior Lake
$349,900 -
9977 171st Street W
Lakeville
$296,900 -
18263 Lansford Path
Lakeville
$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
$144,900 -
3605 Architect Avenue
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
$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
This IDX solution is (c) Diverse Solutions 2012.
