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Minnetonka Market Report

$587,261

AVERAGE PRICE OF 314 HOMES

$287,100

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,384,027

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$949,002

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$601,653

AVERAGE PRICE OF 39 HOMES WITH A POOL

$413,306

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $587,261
Avg Bedrooms 3.64 beds
Avg Bathrooms 3.17 baths

Average Price by Bedrooms

1 bedroom $184,528
2 bedrooms $293,113
3 bedrooms $444,466
4 bedrooms $621,442
5 bedrooms $906,919
Minnetonka Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 300 253 224 199 194
Average Price $545,703 $547,357 $558,732 $574,839 $569,110
Avg Price Change -0.30% -2.08% -2.88% +1.01% +2.03%
Median Price $440,051 $437,394 $448,558 $464,101 $457,885
Med Price Change +0.61% -2.55% -3.47% +1.36% +0.18%
Avg Bedrooms 3.5 beds 3.41 beds 3.44 beds 3.45 beds 3.45 beds
Avg Bathrooms 3.04 baths 3.02 baths 3.08 baths 3.14 baths 3.1 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 314 $587,261 54 days
Distressed Homes 6 $287,100 84 days
Multi-Million Dollar Homes 29 $1,384,027 88 days
Newly Built Homes 39 $949,002 136 days
Homes with a Pool 39 $601,653 44 days
Reduced Price Homes 15 $413,306 27 days
RE/MAX Results
Mimi Schoneman
604 Bielenberg Drive
Woodbury, MN 55125
651-226-2560
651-578-2218
MN License # 205932-61
WI License # 71386-094

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than RE/MAX Results are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated June 25, 2019
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated June 25, 2019