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Derrick Monroe Group

Real Estate in the Western Minneapolis Suburbs

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Minneapolis Real Estate Market Conditions

August 26, 2008 //  by Derrick Monroe

What’s happening in the Minneapolis real estate market today? We have many buyers and investors looking to buy real estate in Minneapolis today with the changing and improving neighborhoods coupled with the low prices of the current market make it attractive for many.

Minneapolis real estate currently offers homes in all styles, locations, conditions and price ranges. To get an idea of what is available we created this Minneapolis real estate blog to show the current market prices of Minneapolis.

As of August 26th 2008 here is what Minneapolis has to offer:

There are 87 Minneapolis homes for sale under $25,000
There are 214 Minneapolis homes for sale between $25,000 & $50,000
There are 316 Minneapolis homes for sale between $50,000 & $100,000
There are 351 Minneapolis homes for sale between $101,000 & $150,000
There are 393 Minneapolis homes for sale between $151,000 & $200,000
There are 280 Minneapolis homes for sale between $201,000 & $250,000
There are 153 Minneapolis homes for sale between $251,000 & $300,000
There are 87 Minneapolis homes for sale between $301,000 & $350,000
There are 265 Minneapolis homes for sale over $351,000

The median sales price of a Minneapolis home for sale is $176,905 down from 2007 median price of $223,750. Overall sales volume for Minneapolis from 2007 to 2008 is down 11.99%.

For more information about Minneapolis real estate or Minneapolis homes for sale give us a call at 612-282-7653.

Category: Minneapolis Real Estate

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The Derrick Monroe Group
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8010 Highway 55
Rockford, MN 55373
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