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.
In Minnetonka the average days on the market declined -29.8% yr/yr to 66 in October that we would like to see continue with our Minnetonka Real Estate Group. The Minnetonka Real Estate Team were talking about average sales prices for the month of October 2013, they were down -9.3%. Minnetonka is now at 3.5 months of inventory for sale in October that was higher vs last month, call someone who can get your house sold. 248 days of inventory for sale in October was down year over year in Minnetonka it was down an absolute -11 days. Minnetonka median sales prices of real estate dropped -21.2% mo/mo in October that something we are monitoring and talking about with our Minnetonka Real Estate Group. In October, 2013 the 60 closed sales were lower month over month in Minnetonka it was down -18 homes. The 105 new listings in October were higher year over year in Minnetonka as a percentage it was up 16.7%. In the current real estate market in Minnetonka homeowners are receiving, 94.4% from the original list price, which is down from 96.3% a month ago.