Real Estate News and Advice
July 10, 2009
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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 > Minnetonka


Market Conditions Summary for Minnetonka, Minnesota


Reported by

Stephane Cattelin
as of 7/9/2009:
Our post-4th of July news is remarkably the same as our pre-4th news. New listings continue at an atypically slow pace but pending sales are robust. New listings for the week ending are 18.9 percent fewer than a year ago. Total listings... MORE->
About Stephane Cattelin

Reported by
Jerry Clifford
as of 6/5/2009:
It is my opinion if you were looking to buy a home now would be a great time to buy as the number of homes on the market provide for a great choice and opportunity to negotiate a fantastic price. Additionally first time home buyers can take... MORE->
About Jerry Clifford

Reported by

Jane Quilling & Dan Revsbech
as of 4/1/2009:
74% (63 of 85) of the homes pended during the month of March were priced $350,000 or below. Currently 53% of the homes for sale (203 or 385) are priced at $350,000 or below. A 6 month supply of homes is considered a balanced market and currently... MORE->
About Jane Quilling & Dan Revsbech


Average Current Market Rating: 1.7    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.7    (3 ratings)




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Falling

Rising

Navigate: Top > Minnesota > Minnetonka


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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Mortgage Rates
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15 Year Fixed: 4.69%
1 Year Adj: 4.82%
(U.S. Weekly Averages)

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