Local Real Estate Trends in Minnetonka

Local Real Estate Trends in Minnetonka

Minnetonka Real Estate, like the rest of the real estate market in the Twin Cities, is soaring! Sellers can't list their houses fast enough to keep up with buyer demand! 

In Minnetonka, the number of sellers listing their homes for sale in 2017 is down 10%! With a decreased supply of houses for buyers to pick from, the prices have gone up. The people that are choosing to sell their homes are netting almost 11% more than this time last year!

The Minneapolis Association of Realtors has put together a great chart to highlight these numbers. See more statistics for Minnetonka here. 

If you've ever thought about selling your home, now would be a great time to get it on the market. 

I would love to help you figure out how much equity you have in your current house. Let me know how I can best help!