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Chanhassen Real Estate - Spring/Summer 2019 Outlook

By
Real Estate Agent with RE/MAX Results

 

Chanhassen is STILL one of the Top 5 Places to Live (as ranked by Money Magazine) and home values reflect that. Chanhassen homes values have seen historic appreciation over the last few years with a 13.5% increase in median home prices since 2016. 

Homes on the market in Chanhassen are currently receiving 99.0% of list price, indicating strong offers from buyers. Chanhassen home sale price are up an incredible 18.5% on average since January!

MORE STRONG TRENDS: We have seen an increase of 32.5% in pending sales since January and trending upwards, which is likely due to the increased foot traffic and buyers eager to get out and see homes to buy. 

Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect summer 2019 in Chanhassen to be a VERY strong sellers market, and an excellent time to buy as well!

 

See all homes for Sale in Chanhassen

 

 

 

See all homes for Sale in Chanhassen

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