Townhomes in Minnetonka- Prices through the Years

Townhomes in Minnetonka

Prices through the Years

Townhomes in Minnetonka have increased over the years. The graph below shows a steady increase. 

January 2015 - the Median Sales price for a Town home was 170k

January 2016 - the median sales price for a town home was 185k

January 2017 - the median sales price for a town home was 189,950k

January 2018 - the median sales price for a town home was 200k

August 2018 - the median sales price for a town home is up to 223! The prices are up 23k in just 8 months. The low supply of town homes on the market is driving prices up. The law of supply and demand is in full effect!

If you've thought about selling and are wondering if now is a good time, I would love to have a conversation with you to help you determine if now is indeed the right time for you and your situation. Reach out to me at 612-991-9919 or RachelDFredrickson@gmail.com when it's convenient for you. 

To see all Minnetonka Townhomes for Sale, click here