A "heat index" for the SW Metro
Real Estate Market for Q1 - 3/31/23:
Chanhassen has 51 Homes pending at a median speed of 9 days on the market.
Chaska has 35 Homes pending a at median speed of 8 days on the market.
Eden Prairie has 66 Homes pending at a median speed of 8 days on the market.
Edina has 67 Homes pending at a median speed of 9 days on the market.
Minnetonka has 63 Homes pending, with a median speed of 10 days on the market.
Victoria has 17 Homes pending with a median speed of 18 days on the market.
The most interesting part is how few homes are actually currently on the market. As a whole, there are about 2-3 pending homes at the moment compared to how many are still yet to sell. Which simply means, there is VERY little supply.
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