The quickest way to brighten your home is at 43rd Street Lighting.
Located only about eight miles from the Twin Cities metropolitan area, the Minnetonka real estate market is one of the more popular markets in this part of Minnesota. Minnetonka is home to about 50,000 residents which makes it one of the most populous cities in the entire state. One of the things that my family appreciates about Minnetonka is its dedication to the environment. The town offers an organics recycling incentive in which volunteers collect organic waste like dairy products, breads, pasta, egg shells and more to take to a local composting site. This helps us reduce our overall waste while helping the environment at the same time.
The library system in Minnetonka is great as well. Since it belongs to the greater Hennepin County Library System, we have access to thousands of resources and books. We go to the library every week to get new books because we love to learn about a variety of different topics.
Located just on the outskirts of Minneapolis, the Minnetonka real estate neighborhoods offer a great getaway from the hustle and bustle of the big city without being too far away from it. Some of the more popular Minnetonka housing developments include West Oaks, Sylvan Oaks, Waternesse and Long Lake Ridge. However, there are many new subdivisions being built every day to accommodate the growing population and popularity. Many of the homes are more exclusive since the town is a wealthier area in Minnesota. As such, homes in neighborhoods like Willoughby Townhomes, Long Lake ridge and Glen Lake Cove are on the higher end of the pricing scale. Each home offers its own unique features and amenities for today’s home buyer.
Prices of homes in the Minnetonka real estate market are widespread depending on the type of home you are looking for. A large number of homes in Minnetonka are available for less than $150,000 while the majority of homes cost between $150,000 and $500,000. You can also find Minnetonka homes for sale for $700,000 and above depending on your budget and family’s needs.
230 days on the market until sold in November was down vs last month in Minnetonka down -7.3%. Minnetonka closed home sales dropped -26.8% yr/yr in November that something we are watching with our Minnetonka Real Estate Team. November, 2013 the average number of days a home was for sale in Minnetonka was down to 64 days it was down -33 days on average in the past year. Minnetonka is now at 3.3 months of inventory for sale in November that was lower vs last year, call a local real estate expert from Minnetonka Real Estate Group. We at Minnetonka Real Estate Team were talking about average sales prices for the month of November 2013, they were up $43,092 dollars yr/yr to $346,287. The median sales price in Minnetonka for November was $273,000 it was higher mo/mo it was up 550 month over month. In the current real estate market in Minnetonka homeowners are receiving, 95.5% from the original list pric, which is down from 94.6% a year ago. In November, 2013 we had 60 new listings, that was lower month over month for Minnetonka it was down -45 homes.