Pre-Existing Single Family Home Prices

~West Metro~

I have been writing a blog about New Construction Prices and how they differ depending on the location you want to call home. This blog will follow in line with that blog, only it will give you the information on pre-existing homes. The number of homes for sale, the cost per square foot and the overall price of the home, like new construction, is different in each city. 

So, if you are wondering where you should call home in 2019? Take a p...

New Construction Pricing

~West Metro~

New Construction Prices are different depending on the location you want to build and call home. The number of home for sale, the cost per square foot and the overall price of the home is different in each city. 

Are you wondering where you should call home in 2019? Take a peak below and see the differences in the cities on the 494 corridor. If you want to learn about a city that isn't listed, please reach out and let me know. I would love to help you l...

Get the Skinny on Real Estate Trends in Your Area! March 2016

The Statistics for February are in... A lack of homes for sale in the Market is the theme... 

The number of homes on the market for sale is down 19.4% from February 2015! 

The month supply of inventory is still low at 2.3 months!

The Median Sales price rose 3.7% from February 2015!

Sellers are netting 95.3% of their list price!

SUPPLY AND DEMAND!!! Lack of choices + Buyers who want a home = Multiple offer situations that drive u...

Shortage of Homes on the Market... Thinking outside the box to solve it!

The number of homes on the Market is at a LOW!!! To date, 2016 has given us an average of a 2.1 month supply of homes on the market. In my 11 years of Real Estate, I have never seen numbers this low! EVER! Buyers are frustrated and feel like they are 'stuck'... 

Why is there a shortage of homes for sale??? Why are the number of homes on the market at all time lows???  What are some possible reasons sellers are staying p...

Plymouth Needs More Home Owners to Sell Their Homes!!! 

The number of Homes for Sale in Plymouth decreased in from January 2015 to January 2016 by 16.7% 

More data not shown on this graph:

The # of days that a home is listed before it gets an offer also decreased by 10.4% to 43 days.

The median Sales Price rose 5.8%.

If you are thinking about selling your home, let me know! I would love to stop out and let you know just how much equity you have in your home!

 

2015 has come to an end... Real Estate Continued to Appreciate!!!

The Data has been crunched, the numbers compiled and the report written! The Minneapolis Area Association of Realtors 2015 Annual Report is out! 

Overall the data showed...

*The number of new listings increased 5.1% in 2015 from 2014.

*The number of closed sales rose 13.7% in 2015 from 2014.

*The number of homes for sale fell 21.8% in 2015 from 2014.

*The median sales price rose 7.0% in 2015 from 2014.

*The average sales pr...

Get the Skinny on Real Estate Trends in Your Area! January 2016

The Minneapolis Area Association of Realtors has released the December 2015 statistics. The link below is predicting a 'balanced market' in 2016. I'm not sure how... Maybe the predicted interest rate increases will slow things down a bit, but with inventory levels this low. It will take a lot of houses to balance this market. 

December #'s

Closed Sales up 12.1%

Pending Sales up 12.3%

Number of Homes for Sale down 21.8% leaving...