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. 6 beds, 6 baths
    Home size: 5,681 sq ft
    Lot size: 33,105 sqft
    Listed with RE/MAX Results
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  2. 3 beds, 3 baths
    Home size: 4,240 sq ft
    Lot size: 6.13 ac
    Listed with Coldwell Banker Burnet
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  3. 2 beds, 2 baths
    Home size: 1,516 sq ft
    Lot size: 9.10 ac
    Listed with Edina Realty, Inc.
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  4. 4 beds, 4 baths
    Home size: 3,915 sq ft
    Lot size: 2.81 ac
    Listed with Coldwell Banker Burnet
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  5. 5 beds, 5 baths
    Home size: 4,108 sq ft
    Lot size: 15,550 sqft
    Listed with Keller Williams Premier Realty
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  6. 5 beds, 4 baths
    Home size: 3,663 sq ft
    Lot size: 1.50 ac
    Listed with RE/MAX Results
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  7. 4 beds, 3 baths
    Home size: 3,080 sq ft
    Lot size: 13,068 sqft
    Listed with Edina Realty, Inc.
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  8. 3 beds, 2 baths
    Home size: 1,578 sq ft
    Lot size: 8,668 sqft
    Listed with Keller Williams Premier Realty
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  9. 5 beds, 4 baths
    Home size: 3,729 sq ft
    Lot size: 2.50 ac
    Listed with Edina Realty, Inc.
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  10. 4 beds, 3 baths
    Home size: 3,290 sq ft
    Lot size: 1.10 ac
    Listed with RE/MAX Results
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  11. 2 beds, 1 bath
    Home size: 930 sq ft
    Lot size: 61.00 ac
    Listed with Beacon Properties
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  12. 5 beds, 4 baths
    Home size: 4,812 sq ft
    Lot size: 1.19 ac
    Listed with Property Advisors Realty LLC
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  13. 0 beds, 0 bath
    Lot size: 10.72 ac
    Listed with RE/MAX Results
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  14. 3 beds, 2 baths
    Home size: 2,021 sq ft
    Lot size: 28,662 sqft
    Listed with Lakes Sotheby's International Realty
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  15. 5 beds, 5 baths
    Home size: 4,554 sq ft
    Lot size: 13,068 sqft
    Listed with RES Realty
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  16. 6 beds, 3 baths
    Home size: 2,728 sq ft
    Lot size: 2.04 ac
    Listed with Coldwell Banker Burnet
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  17. 3 beds, 3 baths
    Home size: 3,638 sq ft
    Lot size: 14,374 sqft
    Listed with Gateway Land and Marketing
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  18. 5 beds, 5 baths
    Home size: 5,923 sq ft
    Lot size: 13,503 sqft
    Listed with Edina Realty, Inc.
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  19. 6 beds, 5 baths
    Home size: 5,420 sq ft
    Lot size: 18,730 sqft
    Listed with RE/MAX Advantage Plus
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  20. 3 beds, 3 baths
    Home size: 2,764 sq ft
    Lot size: 8,712 sqft
    Listed with Edina Realty, Inc.
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  21. 4 beds, 4 baths
    Home size: 4,142 sq ft
    Lot size: 23,304 sqft
    Listed with Coldwell Banker Burnet
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  22. 3 beds, 3 baths
    Home size: 3,775 sq ft
    Lot size: 6.90 ac
    Listed with Edina Realty, Inc.
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  23. 6 beds, 4 baths
    Home size: 6,037 sq ft
    Lot size: 15,681 sqft
    Listed with RE/MAX Results
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  24. 5 beds, 3 baths
    Home size: 4,197 sq ft
    Lot size: 15,245 sqft
    Listed with Keller Williams Premier Realty
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  25. 5 beds, 5 baths
    Home size: 5,371 sq ft
    Lot size: 14,374 sqft
    Listed with Edina Realty, Inc.
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  26. 4 beds, 3 baths
    Home size: 4,009 sq ft
    Lot size: 32,670 sqft
    Listed with Gateway Land and Marketing
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  27. 6 beds, 5 baths
    Home size: 5,573 sq ft
    Lot size: 2.52 ac
    Listed with Edina Realty, Inc.
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  28. 5 beds, 3 baths
    Home size: 4,029 sq ft
    Lot size: 32,670 sqft
    Listed with Keller Williams Premier Realty
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  29. 0 beds, 0 bath
    Lot size: 2.14 ac
    Listed with Cushman Wakefield Northmarq
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  30. 4 beds, 5 baths
    Home size: 4,143 sq ft
    Lot size: 1.12 ac
    Listed with Edina Realty, Inc.
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  31. 5 beds, 6 baths
    Home size: 4,395 sq ft
    Lot size: 13,068 sqft
    Listed with RES Realty
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  32. 4 beds, 3 baths
    Home size: 3,117 sq ft
    Lot size: 10,890 sqft
    Listed with Edina Realty, Inc.
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  33. 3 beds, 4 baths
    Home size: 3,506 sq ft
    Lot size: 10,105 sqft
    Listed with Real Estate III
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  34. 4 beds, 3 baths
    Home size: 3,404 sq ft
    Lot size: 10,018 sqft
    Listed with Gateway Land and Marketing
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  35. 3 beds, 4 baths
    Home size: 6,128 sq ft
    Lot size: 6.51 ac
    Listed with Coldwell Banker Burnet
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  36. 5 beds, 5 baths
    Home size: 4,459 sq ft
    Lot size: 33,976 sqft
    Listed with Keller Williams Premier Realty
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  37. 3 beds, 3 baths
    Home size: 3,486 sq ft
    Lot size: 15,855 sqft
    Listed with Edina Realty, Inc.
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  38. 4 beds, 4 baths
    Home size: 3,767 sq ft
    Lot size: 32,670 sqft
    Listed with Success Realty Minnesota, LLC
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  39. 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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  40. 5 beds, 5 baths
    Home size: 4,368 sq ft
    Lot size: 16,160 sqft
    Listed with Edina Realty, Inc.
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  41. 5 beds, 4 baths
    Home size: 5,639 sq ft
    Lot size: 38,637 sqft
    Listed with RE/MAX Results
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  42. 6 beds, 6 baths
    Home size: 4,442 sq ft
    Lot size: 16,552 sqft
    Listed with RE/MAX Results
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  43. 5 beds, 4 baths
    Home size: 3,616 sq ft
    Lot size: 8.50 ac
    Listed with Offsite Realty Inc
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  44. 4 beds, 5 baths
    Home size: 4,582 sq ft
    Listed with RE/MAX Results
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  45. 5 beds, 5 baths
    Home size: 5,765 sq ft
    Lot size: 7.58 ac
    Listed with Edina Realty, Inc.
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  46. 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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  47. 3 beds, 4 baths
    Home size: 4,330 sq ft
    Lot size: 1.70 ac
    Listed with Keller Williams Premier Realty
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  48. 0 beds, 0 bath
    Lot size: 42.18 ac
    Listed with Edina Realty, Inc.
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  49. 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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  50. 4 beds, 4 baths
    Home size: 3,276 sq ft
    Lot size: 5.45 ac
    Listed with Coldwell Banker Burnet
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See all Real estate matching your search.
(all data current as of 8/22/2017)

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

 

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