Real Estate within the Minnetonka School District ~ A Year in Review

Real Estate within the Minnetonka School District

A Year in Review

Minnetonka School District

A year… 12 months… 52 weeks… 365 days… What difference does a year make? A year is huge when you think about how a child changes from infant to toddler. A year is huge when you think about a high school senior graduating and headed for college. A year is huge when you think about a woman who discovers she is pregnant. A year is huge when you start the process of selling/buying a house. A year is huge when you think about many things in your life change! 

What difference can be seen in the Real Estate Market in the last year? The numbers below are reflective of the Minnetonka School District Only.

Single Family Homes

The median home price

     July 2018 - $485,000

     July 2019 - $510,000

Price Per Square Foot

     July 2018 - $171

     July 2019 - $184

The Number of Homes for Sale

     July 2018 - 193

     July 2019 - 191

 

Town Homes

The median home price

     July 2018 - $287,000

     July 2019 - $314,500

Price Per Square Foot

     July 2018 - $154

     July 2019 - $170

The Number of Homes for Sale

     July 2018 - 13

     July 2019 - 17

 

Condo's

The median home price

     July 2018 - $176,150

     July 2019 - $784,950 (not a typo!!!)

Price Per Square Foot

     July 2018 - $154

     July 2019 - $464

The Number of Homes for Sale

     July 2018 - 2

     July 2019 - 4

 

A year in Real Estate can make a HUGE difference too! If you are thinking about selling, I would love to help! If you're not sure which direction to go because you've been hearing so much crazy stuff about the market. I would love to let you know what your house is worth and give you the information that you need to make that decision.

Watch for other Communities and School Districts in the weeks to come! 

 

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Rachel Fredrickson
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