The Truth about Real Estate in Minnetonka!

The Truth about Real Estate in Minnetonka!

Minnetonka Real Estate

Real Estate!

What's going on with the Market?

Why can't we find a house?

I want to sell, but fear that I won't find what I'm looking for when I need to buy...

Sound familiar to you? Me too :( I'm hearing this over and over again. The market is setting records each month for the lack of homes on the market. Smile, you are part of history... whether you like it or not...

But, wait, you want to sell... That's Great! The market is wonderful for this! But wait, you want to buy too... ahhh, ahhh, ahhh.... just kidding, no worries, I've got some ideas and solutions on how to handle this too! Outside the box thinking is needed in a market like this! 

So, what are the numbers? They have been crunched. And if you were to guess, yes, you would be right, prices are up! Yes, you would be right again, the days that it takes a home to sell are down. And yes, right again, the percent of list price that sellers are getting is also up and closer to list!

The link below will show you the actual numbers calculated from the Minneapolis Area Association of Realtors. The link will update automatically each month after they have been calculated (usually the 3rd week of the month). Please check back throughout the year 

Year to Date Statistics for Minnetonka

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Rachel Fredrickson
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