Minnetonka School District Market Update for 1st Quarter 2024 vs 2023

Dated: May 10 2024

Views: 367

One of the largest factors for the changes from the first quarter of 2024 versus the 1st quarter of 2023 for real estate market activity in the Minnetonka School District (276) is the higher interest rates - this has slowed sales in the higher price points more than the lower.  Home values continue increasing, but the average sales price is lower due to more sales in lower prices than higher price points.  We are here as a local real estate resource for you - reach out anytime with questions or for additional information (confidentially and with no obligation).  Whether curious about your home's current value, what improvements will get you the largest return (or maybe not one), etc.  

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Cindy Welu

Cindy has been a leader in Real Estate in the Twin Cities market for over 23 years. The Welu Home Team (formerly the Joe and Cindy Team) has set the pace for sales performance in many neighborhoods an....

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