Archive for the 'Minnetonka Real Estate Statistics' Category
Minnetonka Real Estate - Housing Statistics - May, 2008
June 24th, 2008 Categories: Minnetonka Real Estate Statistics, Real Estate News
Closed sales are down 42% in May from last year and nearly 39% overall in Minnetonka.
Home prices are down 15% from last May to May, 2008. Year to date, the home prices are dead even. The average days on market is up to almost 23%. The silver lining is that with less houses on the market the there is a greater demand for them. Remember to stage your home to look better than your competition and price it just below the average home you’re competing with. You can sell your home…just be smart about it!
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Minneapolis Foreclosure Boom - Everybody Get Off the Bus!
January 26th, 2008 Categories: Minnetonka Real Estate Statistics, Mortgage Stuff, North Minneapolis, Outside of the Box, Real Estate News, St. Louis Park Current Housing Statistics, St. Paul Current Housing Statistics, Twin Cities Home Buyers, Twin Cities Real Estate Economy, Twin City Sellers
There will be an end to the “foreclosure boom”. Foreclosure boom. That’s a funny term. Boom. Bummer. Blame. Yeah, that’s right, blame. I end it there. Have at it. Blame who and what you want.
Let’s just say… Read the rest of this entry »
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Minnetonka Real Estate - Housing Statistics - December, 2007
January 23rd, 2008 Categories: Minnetonka Real Estate Statistics, Real Estate News, Twin Cities Home Buyers, Twin Cities Real Estate Economy, Twin City Sellers
Here are the latest statistics from the Minneapolis Area Association of Realtors for Minnetonka. The chart explains itself, but in a nutshell, there were 21% more single family homes on the market in December this year than last year.
In December, many homes had their listing expire only to wait until after the holidays. The housing affordability has not been this good since 2004, according to the association. I believe that we’re near the end of the price cuts, too.
Ready, buyers?
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Minnetonka Real Estate - Housing Statistics - November 2007
December 29th, 2007 Categories: Minnetonka Real Estate Statistics, Real Estate News, Twin Cities Real Estate Economy
Here are the latest statistics from the Minneapolis Area Association of Realtors for Minnetonka. The chart explains itself, but in a nutshell, there were 17% more single family homes on the market in November this year than last year.
In December, many homes will have their listing expire only to wait until after the holidays. The housing affordability has not been this good since 2004, according to the association. I believe that we’re near the end of the price cuts, too.
Ready, buyers?
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Minnetonka Real Estate - Housing Statistics - October, 2007
December 3rd, 2007 Categories: Minnetonka Real Estate Statistics, Real Estate News
Closed sales are down 46% in October from last year and nearly 21% overall in Minnetonka.
The good news is that the home prices are virtually the same from last October to October, 2007. Year to date, home prices are up 5.4%. The average days on market is up over 20%. Looks like folks here are holding out and hanging on.
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