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Minnetonka Market Report

$578,111

AVERAGE PRICE OF 194 HOMES

$286,920

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,379,488

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$932,909

AVERAGE PRICE OF 41 NEWLY BUILT HOMES

$451,991

AVERAGE PRICE OF 23 HOMES WITH A POOL

$389,355

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $578,111
Avg Bedrooms 3.47 beds
Avg Bathrooms 3.12 baths

Average Price by Bedrooms

1 bedroom $202,950
2 bedrooms $316,642
3 bedrooms $511,485
4 bedrooms $618,167
5 bedrooms $887,643
Minnetonka Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 216 284 323 294 201
Average Price $557,797 $532,823 $527,752 $544,053 $591,893
Avg Price Change +4.69% +0.96% -3.09% -8.79% -8.05%
Median Price $457,040 $433,589 $425,970 $444,496 $517,305
Med Price Change +5.41% +1.79% -4.35% -16.38% -6.45%
Avg Bedrooms 3.54 beds 3.49 beds 3.49 beds 3.56 beds 3.69 beds
Avg Bathrooms 3.1 baths 3.05 baths 3.02 baths 3.08 baths 3.25 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 194 $578,111 82 days
Distressed Homes 5 $286,920 130 days
Multi-Million Dollar Homes 21 $1,379,488 114 days
Newly Built Homes 41 $932,909 100 days
Homes with a Pool 23 $451,991 68 days
Reduced Price Homes 9 $389,355 84 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 January 17, 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 January 17, 2019
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