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Minnetonka Market Report

$558,726

AVERAGE PRICE OF 234 HOMES

$289,520

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,351,611

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$910,725

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$449,375

AVERAGE PRICE OF 28 HOMES WITH A POOL

$569,360

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $558,726
Avg Bedrooms 3.44 beds
Avg Bathrooms 3.04 baths

Average Price by Bedrooms

1 bedroom $197,708
2 bedrooms $307,405
3 bedrooms $475,935
4 bedrooms $615,205
5 bedrooms $872,372
Minnetonka Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 199 194 216 284 323
Average Price $574,839 $569,110 $557,797 $532,823 $527,752
Avg Price Change +1.01% +2.03% +4.69% +0.96% -3.09%
Median Price $464,101 $457,885 $457,040 $433,589 $425,970
Med Price Change +1.36% +0.18% +5.41% +1.79% -4.35%
Avg Bedrooms 3.45 beds 3.45 beds 3.54 beds 3.49 beds 3.49 beds
Avg Bathrooms 3.14 baths 3.1 baths 3.1 baths 3.05 baths 3.02 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 234 $558,726 69 days
Distressed Homes 5 $289,520 57 days
Multi-Million Dollar Homes 24 $1,351,611 103 days
Newly Built Homes 38 $910,725 131 days
Homes with a Pool 28 $449,375 67 days
Reduced Price Homes 5 $569,360 65 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 March 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 March 25, 2019
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