Realty Times - Edina, Minnesota Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Minnesota > Edina

Market Conditions Summary for Edina, Minnesota

Reported by

Stephane Cattelin
as of 11/22/2008:

As the fall temperature persists at near freezing levels, home sales activity remains stubbornly higher than it was a year ago, despite weakened consumer confidence and a sluggish economy. Pending sales for the week ending were 16.9 percent... MORE->
About Stephane Cattelin

Reported by

Tim Murphy
as of 11/15/2008:

Edina is experiencing a neutral market and the supply of homes unchanging. With the interest rates lowering and the potential for increased rates as the year continues, now is the time to buy. Currently homes for sale in Edina are staying on the... MORE->
About Tim Murphy

Reported by

Jerry Clifford
as of 11/6/2008:

As we near the end of the year and the election is past us most areas in the South, west and southwest metro areas are showing decrease from lsat years real estate activity. It is anticipated it will be well into 2009 before we start seeing the... MORE->
About Jerry Clifford

Average Current Market Rating: 1.7 (3 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.7 (3 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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