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Minneapolis/St. Paul April Pending Home Sales Hit 10 Year High


The Twin Cities housing market continues to roar ahead as today the Minneapolis Area Association of REALTORS released April's home sales activity. While the report is full of good news, the best data point is the Pending Sales: April 2015 saw the most homes go under contract in the Twin Cities in 10 year - a stunning 26% jump from a year ago and a phenomenal sign of the housing market's renewed strength. Closed sales also did great last month, up 20% from a year prior: Median Sales Price was also … [Read more...]

Print a 3D Model of Your House Plan

3D Model of House Plan

For home buyers that are looking to build a new home, one of the most common questions asked is "what will it look like?" While drawings and blueprints are helpful, it is still hard to get the feel for spaces and layouts. The Plan Collection is now offering house plans that include the digital files needed to create a model of the home using MakerBot or other 3D printers. For home buyers purchasing fully custom homes and for smaller builders that do not maintain model homes for each of their floor plans, 3D … [Read more...]

2014 Twin Cities Housing Market Forecast


Barb Jandric, president of Edina Realty, has made the following prognostications. I have added to these thoughts with my comments in blue where appropriate. This past year has been an exciting year of steady recovery in the Twin Cities metro area. Rising prices meant more homeowners gained enough equity in their homes to make a move. Rates hit record lows, enticing buyers to make a move in a competitive market with a shortage of inventory. This was a significant trend this year, as was continued strong investor … [Read more...]

Twin Cities Real Estate October 2013 Market Update

Twin Cities Real Estate Market Update - October 2013

What's going on in the Twin Cities housing market? Take a peek below! If you are thinking about selling your home this winter or next spring, now is the time to get a free home market value analysis! … [Read more...]

Twin Cities Home Prices Jump 17.5%


Median Sales Price Another WOW month for the Twin Cities real estate market.  Homes that closed in June sold for a $210,000 median price, a 17.5% increase versus a year ago and an 8.2% increase from the month prior.  The $210,000 median sales prices what the highest since December 2007 - over 5 1/2 years ago. Days on Market Meanwhile the time it takes to sell a home continues to drop dramatically - now at just 74 days - down 34% in the last 12 months.  Many houses are selling in multiple offer in the … [Read more...]

160 $2M+ Homes for Sale in Twin Cities

$2 Million + Homes in the Twin Cities

While the Twin Cities isn't consider the land of the uber-wealthy, there is still a lot of money around here.  Right now we have approximately 160 homes for sale on the MLS that are listed above $2,000,000! While you may not have the financial ability to purchase these homes, it is still fun to look at them, right? Most Expensive Homes for Sale in the Twin Cities   … [Read more...]

June 2013 Twin Cities Housing Market Update


Take a look at this month's video update on the Twin Cities housing market. … [Read more...]

Perception Versus Reality

I recently had a long term blog reader contact me to see some homes.  While they had been reading my articles regularly, when we actually got out into the market and started looking at homes in their price point, they were shocked at just how much the market had changed. In many price points in many parts of the Twin Cities, homes are flying off the market with demand at levels we haven't seen since the housing boom ended in 2005/2006.  Many buyers are being caught off guard in what has been a far sharper … [Read more...]

11951 Castle Rock Ct N, Champlin MN 55316

11951 Castle Rock Ct N

This stunning former model executive 2 story home in Champlin will be listed in the MLS for $415,000 on 5/30/13.  At 3200 square feet above ground and an unfinished basement, the generous room sizes and luxurious finishes make this home one that you have to see.  Anoka-Hennepin schools. Listed by Julie Plumedahl with Edina Realty, 763-569-5682.  The virtual tour has a total of 59 photos, below are just a few: AGENTS: This home has a signed listing contract and a Withhold from MLS has been submitted to … [Read more...]

Twin Cities Buyer Showing Activity


While home sales in the Twin Cities are at 7 year highs, home buyer showings are actually down from last year:   Why are home showings down even though sales are up?  Simple.  Far fewer homes for sale this year means buyers simply have far less to look at. A couple years ago buyers could look at dozens of homes for sale that met their criteria and spend weeks deciding.  Today we often find that there are less than a dozen homes that really match a buyer's wants and they have only days to … [Read more...]


TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.