Real Estate within the Eden Prairie School District~ A Year in Review
Rachel Fredrickson
Real Estate within the Eden Prairie School District
A Year in Review
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 Eden Prairie School District Only.
Single Family Homes
The median home price
July 2018 - $430,000
July 2019 - $429,200 (Surprise? The reported home sales in the MLS indicate that the median sales price of a single family home in EP has not increased year over year! This is for every home that sold priced from the lowest to the highest. If you would like stats for a specific price category, please let me know)
Price Per Square Foot
July 2018 - $150
July 2019 - $149
The Number of Homes for Sale
July 2018 - 148
July 2019 - 141
Town Homes
The median home price
July 2018 - $220,000
July 2019 - $234,150
Price Per Square Foot
July 2018 - $148
July 2019 - $154
The Number of Homes for Sale
July 2018 - 59
July 2019 - 54
Condo's
The median home price
July 2018 - $169,750
July 2019 - $185,000
Price Per Square Foot
July 2018 - $163
July 2019 - $170
The Number of Homes for Sale
July 2018 - 14
July 2019 - 12
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!
