Luxury Homes in Minnesota Numbers for May 700k to 900k

Luxury Homes in Minnesota Numbers May by Dale Frisch

Luxury Homes in Minnesota Numbers:

If you’re looking at buying or selling a luxury home in Minnesota you need to learn from others that have come before you.  Why reinvent the wheel?  When looking to sell a luxury home in Minnesota you need to know what others have done before you that has worked to sell their luxury home and what hasn’t worked.

Current Luxury Homes in Minnesota Trends:

If you’re a buyer and not finding the luxury home your looking in the Twin Cities then look up.  There is a trend of overpricing in the luxury market.  When we look at homes that have sold, several of them will have a history from the prior year when the home was overpriced.  There is a certain number of days on market a luxury home should have before it sells.  If it is not selling in this market in so many days than the price, condition, marketing or terms are wrong.

If you’re a seller learn from others that have priced it right and priced it wrong.  When homeowners price their homes wrong it shows in days in markets.  There was a home that was underpriced and it sold in 1 day and sold for $350,000 more than list price.  Other Luxury homes that were priced correctly sold in 0 days.  Aggressive sellers are moving fast and listening to the feedback. 30 to 60 days on market a price adjustment during the prime season time needs to be made otherwise you will be pricing it correctly the next year.   Remember feedback from buyers is like this old story.  If one person calls you a horse, they’re crazy.  If three people call you a horse, it is a conspiracy. If ten people call you a horse, it’s time to buy a saddle.

Buyers are coming the market looking at numbers, stats, new construction homes and more.  They’re tuned into the market.  As a seller, if you don’t tune into the feedback, then your not listening to what the market is telling you.

  1. 5 beds, 5 baths
    Home size: 4,368 sq ft
    Lot size: 16,160 sqft
    Listed with Edina Realty, Inc.
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  2. 4 beds, 2 baths
    Home size: 2,357 sq ft
    Lot size: 21,780 sqft
    Listed with Lynskey Real Estate
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  3. 5 beds, 4 baths
    Home size: 5,639 sq ft
    Lot size: 38,637 sqft
    Listed with RE/MAX Results
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  4. 6 beds, 6 baths
    Home size: 4,442 sq ft
    Lot size: 16,552 sqft
    Listed with RE/MAX Results
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  5. 5 beds, 4 baths
    Home size: 3,616 sq ft
    Lot size: 8.50 ac
    Listed with Offsite Realty Inc
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  6. 4 beds, 5 baths
    Home size: 4,582 sq ft
    Listed with RE/MAX Results
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  7. 5 beds, 5 baths
    Home size: 5,765 sq ft
    Lot size: 7.58 ac
    Listed with Edina Realty, Inc.
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  8. 5 beds, 5 baths
    Home size: 6,904 sq ft
    Lot size: 1.29 ac
    Listed with Keller Williams Premier Realty
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  9. 5 beds, 5 baths
    Home size: 5,153 sq ft
    Lot size: 33,976 sqft
    Listed with Anchor Real Estate Trust, LLC
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  10. 4 beds, 5 baths
    Home size: 6,315 sq ft
    Lot size: 6.27 ac
    Listed with Edina Realty, Inc.
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  11. 4 beds, 4 baths
    Home size: 3,276 sq ft
    Lot size: 5.45 ac
    Listed with Coldwell Banker Burnet
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  12. 6 beds, 3 baths
    Home size: 2,728 sq ft
    Lot size: 2.04 ac
    Listed with Coldwell Banker Burnet
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  13. 4 beds, 4 baths
    Home size: 6,326 sq ft
    Lot size: 10.00 ac
    Listed with Garnet Real Estate Services
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  14. 4 beds, 4 baths
    Home size: 3,644 sq ft
    Lot size: 2.59 ac
    Listed with Archer Realty Inc.
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  15. 3 beds, 2 baths
    Home size: 2,548 sq ft
    Lot size: 1.48 ac
    Listed with Coldwell Banker Burnet
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  16. 4 beds, 5 baths
    Home size: 3,652 sq ft
    Lot size: 6.15 ac
    Listed with Coldwell Banker Burnet
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  17. 5 beds, 5 baths
    Home size: 4,627 sq ft
    Lot size: 14,374 sqft
    Listed with Edina Realty, Inc.
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  18. 5 beds, 5 baths
    Home size: 4,934 sq ft
    Lot size: 32,713 sqft
    Listed with RE/MAX Results
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  19. 4 beds, 4 baths
    Home size: 4,051 sq ft
    Lot size: 9.79 ac
    Listed with Keller Williams Premier Realty
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  20. 4 beds, 4 baths
    Home size: 5,690 sq ft
    Lot size: 5.87 ac
    Listed with Edina Realty, Inc.
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  21. 5 beds, 5 baths
    Home size: 3,628 sq ft
    Listed with Edina Realty, Inc.
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  22. 4 beds, 4 baths
    Home size: 4,204 sq ft
    Lot size: 34,455 sqft
    Listed with White Bear Lake Realty
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  23. 5 beds, 5 baths
    Home size: 5,371 sq ft
    Lot size: 14,374 sqft
    Listed with Edina Realty, Inc.
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  24. 3 beds, 1 bath
    Home size: 1,460 sq ft
    Lot size: 78.13 ac
    Listed with Keller Williams Premier Realty
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  25. 5 beds, 5 baths
    Home size: 4,390 sq ft
    Lot size: 32,670 sqft
    Listed with Keller Williams Premier Realty
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  26. 4 beds, 5 baths
    Home size: 5,506 sq ft
    Lot size: 15,245 sqft
    Listed with RE/MAX Results
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  27. 5 beds, 5 baths
    Home size: 4,868 sq ft
    Lot size: 32,670 sqft
    Listed with RE/MAX Professionals
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  28. 4 beds, 4 baths
    Home size: 4,600 sq ft
    Lot size: 4.50 ac
    Listed with RE/MAX Results
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  29. 4 beds, 3 baths
    Home size: 4,330 sq ft
    Lot size: 10.16 ac
    Listed with RE/MAX Synergy
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  30. 4 beds, 4 baths
    Home size: 4,396 sq ft
    Lot size: 9.05 ac
    Listed with Coldwell Banker Burnet
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  31. 3 beds, 3 baths
    Home size: 3,775 sq ft
    Lot size: 6.90 ac
    Listed with Edina Realty, Inc.
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  32. 3 beds, 3 baths
    Home size: 3,573 sq ft
    Lot size: 1.50 ac
    Listed with Real Estate Masters, Ltd.
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  33. 5 beds, 5 baths
    Home size: 4,021 sq ft
    Lot size: 16,988 sqft
    Listed with Edina Realty, Inc.
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  34. 6 beds, 5 baths
    Home size: 4,906 sq ft
    Lot size: 2.56 ac
    Listed with Edina Realty, Inc.
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  35. 4 beds, 5 baths
    Home size: 5,004 sq ft
    Lot size: 38,332 sqft
    Listed with RE/MAX Results
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  36. 4 beds, 4 baths
    Home size: 3,489 sq ft
    Lot size: 35,719 sqft
    Listed with Edina Realty, Inc.
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  37. 4 beds, 5 baths
    Home size: 4,143 sq ft
    Lot size: 1.12 ac
    Listed with Lakes Sotheby's International Realty
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  38. 5 beds, 5 baths
    Home size: 4,368 sq ft
    Lot size: 36,285 sqft
    Listed with RE/MAX Advantage Plus
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  39. 4 beds, 3 baths
    Home size: 5,268 sq ft
    Lot size: 7.33 ac
    Listed with RE/MAX Results
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  40. 3 beds, 3 baths
    Home size: 3,051 sq ft
    Lot size: 30,927 sqft
    Listed with Keller Williams Premier Realty
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  41. 4 beds, 4 baths
    Home size: 3,948 sq ft
    Lot size: 32,103 sqft
    Listed with Coldwell Banker Burnet
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  42. 4 beds, 3 baths
    Home size: 4,234 sq ft
    Lot size: 38,768 sqft
    Listed with JPS Pro Realty
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  43. 4 beds, 4 baths
    Home size: 4,366 sq ft
    Lot size: 1.30 ac
    Listed with Keller Williams Premier Realty
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  44. 5 beds, 5 baths
    Home size: 3,681 sq ft
    Lot size: 20.42 ac
    Listed with JP Willman Realty Twin Cities
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  45. 4 beds, 5 baths
    Home size: 4,544 sq ft
    Lot size: 23,086 sqft
    Listed with RE/MAX Synergy
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  46. 3 beds, 3 baths
    Home size: 2,560 sq ft
    Lot size: 13,939 sqft
    Listed with Edina Realty, Inc.
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  47. 5 beds, 4 baths
    Home size: 4,477 sq ft
    Lot size: 41,033 sqft
    Listed with Hirschfeld Real Estate
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  48. 3 beds, 3 baths
    Home size: 4,325 sq ft
    Lot size: 27.00 ac
    Listed with RE/MAX Synergy
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  49. 4 beds, 4 baths
    Home size: 3,301 sq ft
    Lot size: 1.16 ac
    Listed with Anchor Real Estate Trust, LLC
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  50. 3 beds, 3 baths
    Home size: 3,496 sq ft
    Lot size: 33,976 sqft
    Listed with Anchor Real Estate Trust, LLC
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See all Real estate matching your search.
(all data current as of 6/23/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

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