According to the S&P/Case-Shiller Minneapolis Home Price Index, Minneapolis area home prices rose 1.18% in June, edging out the national average increase of +0.98%. Overall, the S&P/Case-Shiller Minneapolis Home Price Index is up 5.2% since January 2015, underscoring the strong recovery Minnesota housing has seen so far this year.
Inventory Shrinks, Pending Sales Rise The market continues to strengthen for potential home sellers, with Pending sales continuing to show double-digit gains over the same time period last year, continuing the Summer trend. This has pushed prices up and inventory levels down. For a more detailed view of some great […]
From the Minneapolis Area Association of Realtors The overall market highlights: +58.3 % Change in New Listings + 11.5% Change in Median Sales Price With an earlier Spring, we have an earlier Spring market! New listings are up an astonishing 58.3% over last year, which puts the total inventory of […]
Despite a high supply of housing compared to the overall market, Orono school district homeowners continue to cash in Over the last two years, Orono school district has steadily outpaced Westonka, Wayzata and Minnetonka in median price per square foot Since March of 2013, Orono school district home sales have […]
Belated news and dealing from around the Lake Minnetonka area. Hope you had a great Easter weekend! As of April 5th, the ice is officially out on Lake Minnetonka. Highway 101 between Wayzata and Minnetonka has run into some issues concerning ancient burial grounds. In Shorewood, resident input is […]