Monthly Skinny: December 2010

Here's the Latest Skinny (December). Take a quick listen - it's less than 3 minutes & always has good info on the Market.

Median Sales Price for 392 - Eden Prairie

Click the link for a chart that shows the Median Sale Prices for Eden Prairie for the past 3 years. Median Sales Price for 392 - Eden Prairie

If you're interested in a finding out what the prices are in your neck of the woods, let me know & I will send you information for your area.

For Sale: 2BR/1BA Townhouse in Woodbury, MN, $124,900

For Sale: 2BR/1BA Townhouse in Woodbury, MN, $124,900

We weathered the storm & are all dug out.  Here's a quick recap of the Twin Cities Real Estate Market.  It's good news - hurrah.



Ahhh, Summer on Lake Minnetonka



Weekly Market Activity Report

Remember the week ending May 1? The weather was considerably warmer, there wasn't more than two feet of snow on the ground and the optimism was high surrounding our professional sports teams. Things change.

That fateful week in May was also the last time our market recorded a year-over-year increase in weekly pending sales...until now.

For the week ending December 3, there were 606 pending sales, an increase of 10.0 percent from the same week last year. That's the first year-over-year increase in 30 weeks. Whether this positive trend continues will depend upon job growth and other economic factors, but this small sign of hope is nice to see in December.



On the opposite end of the spectrum, new listings are consistently not matching last year's marks — a welcome sign in this era of high supply. The 1,081 new listings for the most recent week is a decline of 13.8 percent from last year's pace and marks the 11th week of the last 13 to post a year-over-year decline.

Coldwell Banker Previews

Here's a link to a fun article on decor trends for the coming year. Check it out. You might glean some ideas for your own home.
Coldwell Banker Previews