The Truth about Real Estate in Minnetonka!
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...
Get the Skinny on Real Estate Trends in Your Area! February 2018
February 2018 numbers are in. March numbers will be out at the end of this month.
*Pending Sales decreased by 12.1% from 2017
*Closed Sales decreased by 6% from 2017
*The number of homes for sale decreased 23% from 2017
*This left the month supply of homes at 1.5 months~
*Prices increased 12.9% with the median sales price of $250,000
*Sellers netted 98% of their asking price.
For all the numbers and statistics, the full...
Girl Power :D
Single Women are buying homes at a higher rate than single Men according to the latest numbers~
Women are putting off marriage longer than before...
Women are getting more education than before...
But.... Women STILL want a safe haven to call home...
So, they are buying their own home and not waiting for the 'other' things in life to happen. They are buying a home and making it 'their own'.
As a Single Mom, as a Home Owner and as a Realtor~ I salute you!!!
RIS Media...
Get the Skinny on Real Estate Trends in Your Area! November 2017
October 2017 numbers are in!
*Pending Sales increased by 3.9% from 2016
*Closed Sales actually increased by .3% from 2016
*The number of homes for sale DROPPED significantly by 18% from 2016
*This left the month supply of homes at 2.2 months~
*Prices increased 6.1% with the median sales price of $244,000
*Sellers netted 97.7% of their asking price.
For all the numbers and statistics, the full Minneapolis Area Association...
Get the Skinny on Real Estate Trends in Your Area!
June 2017
May 2017 numbers are in!
*Pending Sales decreased by 3.1% from 2016
*Closed Sales actually decreased by 1.1% from 2016
*The number of homes for sale DROPPED significantly by 17.3% from 2016
*This left the month supply of homes at 2.3 months~ (Down 20.7%)
*Prices increased 5.5% with the median sales price as $250,000
*Sellers netted 99.5% of their asking price.
The word 'BUBBLE' has been getting used a lot lately... Are w...
Local Real Estate Trends in Minnetonka
Minnetonka Real Estate, like the rest of the real estate market in the Twin Cities, is soaring! Sellers can't list their houses fast enough to keep up with buyer demand!
In Minnetonka, the number of sellers listing their homes for sale in 2017 is down 10%! With a decreased supply of houses for buyers to pick from, the prices have gone up. The people that are choosing to sell their homes are netting almost 11% more than this time last year!
The Minneap...
April 2017 numbers are in!
*Pending Sales decreased by 8.5% from 2016
*Closed Sales actually decreased by 10.3% from 2016
*The number of homes for sale DROPPED significantly by 19.8% from 2016
*This left the month supply of homes at 2.2 months~
*Prices increased 6.3% with the median sales price as $245,500
*Sellers netted 99.2% of their asking price.
So, basically, the statistics are singing the same song that they hav...
