Minnetonka Real Estate - Early 2020 Outlook

By
Real Estate Agent with RE/MAX Results

Minnetonka Real Estate - Early 2020 Outlook

Follow Market Trends - Consider the Possibilities - Make Great Decisions

 

 

Minnetonka ranks as one of the Top 100 Best Places to live (as ranked by Money Magazine) and home values reflect that. Looking at the month of January over the last few years, Minnetonka homes values have seen fantastic appreciation with a 19.3% increase in median home prices since January 2016.  

Homes on the market in Minnetonka are currently receiving 98.7% of original list price, indicating strong offers from buyers which we expect to remain high in the coming weeks. Minnetonka median home prices are up 6.8% since January of 2018.

 

Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates we expect early 2020 in Minnetonka to be a VERY strong sellers market, and an excellent time to buy as well!

 

See all homes for Sale in Minnetonka 

 

See all homes for Sale in Minnetonka

 

 

 Post sponsored by Top Ranked Yelp! Agent - Stieg Strand

 

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Topic:
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Minnesota Hennepin County Minnetonka
Tags:
minnetonka real estate
stieg strand
minnetonka home values
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minnetonka lifestyles
minnetonka best place to live
minnetonka home prices 2020

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Rainer
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Jan 23, 2020 05:05 PM #1
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Rainmaker
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Stieg Strand

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