Our Twin Cities Home

Twin Cities March Housing Market Review

Minnesota Property Group

New Month - Same Story for Twin Cities Housing

Market snapshot: What’s up? Sales, home values, ask price, the percentage of list price received, new listings and closed sales. What’s down? Pending sales, days on market, available homes for sale, and month’s supply of inventory. I’m starting to feel like the proverbial broken record but I’m just telling the story not creating it. With the inventory of available housing at a record 14 year low, this market continues to be an extremely challenging one for buyers, especially in the lower price ranges.

Spring is the strongest season for real estate and based on the figures we have in for March it is going to be a great one for sellers as buyers continue to face a landscape of low inventory of homes for sale with transactions completed in less time for a greater percentage of asking price received. Buyers will find it necessary to move quickly with their best offer if they want a chance at closing a deal. So far buyers have proven they are willing to do just that and although interest rates bobbed up along with prices, they have persisted.

As we barrel ahead through the spring don’t expect the situation to change much provided that the economy keeps on chugging along like the little engine that could. As long as consumers continue...

10 Reasons To Be Enchanted With This Minnetonka Home

17460 Sanctuary Drive Minnetonka MN @ MN Property Group

Sorry, this beautiful property is no longer available. 

17460 Sanctuary Drive, Minnetonka, MN

Offered at $599,000

Virtual Tour

Once upon a time in a cozy little nook in Minnetonka, there was a truly enchanting community of townhomes called The Sanctuary.  This is not a fairy tale but you will definitely be enchanted by the magic of this 2 bedroom, 3 bath, 2811 square foot residence. Keynotes of spacious elegance, gracious warmth, and peaceful serenity create the signature ambiance of this unique home, a theme that is evident both inside and out of doors. 17460 Sanctuary Drive Minnetonka MN @ MN Property Group...