Minnetonka Real Estate Market Sees Sales Decline

In this week's report, the number of homes sold in the Minnetonka market dropped to 67 over the past 30 days. It marked a decrease of 10.7% from last week's report and another period below the monthly average. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $325,000 this week.

If you need more bedrooms, take a look at these homes in Minnetonka that offer more than other listings:

$1.1M   $1.3M   $1.3M  

Get started right now by checking out Minnetonka homes for sale or reviewing Minnetonka real estate trends.

Demographic facts about Minnetonka:

  • The population growth rating is 54. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 439.1 physicians.
  • The health cost index score in this area is 106.2. (100 = national average)
  • Residents who travel to work by car account for 82.4% of all commuters, while carpools account for 6.3%, and public transit makes up 2.6%.

Data reported through 10/19/2016

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Coldwell Banker Burnet
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Schatz Real Estate Group
Snapped 9 homes in this area

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