Twin Cities Condo Sales Up in Early 2017

Twin Cities Condos 2017 The luxury condo market throughout the Twin Cities area seems to be gaining momentum heading into the busy spring season. As noted by the Minneapolis/St. Paul Business Journal, three of the 25 most expensive sales in the metro area were luxury condominium residences, which includes the second largest sale overall in 2016—a 4,370 square foot, 10th floor unit at the fabulous Washburn Lofts building in Downtown Minneapolis. 

As market conditions shift, it appears downtown living is starting to appeal to more and more buyers, which of course offers the convenience of being able to live close to work and countless lifestyle and cultural attractions that both Minneapolis and St. Paul have to offer. 

In terms of sales and current availability, Minneapolis and the city of Wayzata seem to be the hottest markets in the Twin Cities for condos right now, especially as a number of new developments continue to make their way through the early planning stages or are already under construction in each of these two locations.  

In all, 3,952 condos were sold in the Twin Cities metro area last year, which is up from 3,605 condo sales in 2015. At the end of January of this year, 401 Twin Cities condos have sold, which believe it or not is up from 290 condo sales during the first month of 2016. 

Need to sell your home?

Find out how much it will sell for today!

Check your equity now in 60 seconds
Kris Lindahl Real Estate

Home of the one day listing contract

Leave a comment

Agency Relationships In Real Estate Transactions

Continue Reading

Waterfront House Plans For Best Views: Luxury Lake House Design

Waterfront homes have traditionally enjoyed popularity among discerning homeowners. Whether a home is at the seashore, has lake frontage, or is situated close to a fishing stream, the proximity of water can be a formula for “the good life.” Homes with water views can also represent a unique financial investment. Waterfront homes traditionally appreciate faster […]

Continue Reading

Luxury Patio Ideas For Waterfront Homes: Outdoor Opulence

Whether they’re designed for vacation getaways or full-time living, waterfront homes have one attribute that most homes cannot duplicate: the undeniable appeal of water views and access to the waterfront lifestyle. This calls for creating an outdoor “oasis” that visually expands living space and adds a new dimension of enjoyment. Looking to elevate your lakefront […]

Continue Reading
KL

Click to request a no-obligation Guaranteed Offer on your home right now.