Monday, May 13, 2013
A look at recent home sales in your town.
The Twin Cities housing market rebound continues to roll along and Inver Grove Heights is following suit. In April, Inver Grove Heights' median sales price was $166,500, up 12.2 percent from $148,450 from the same month a year ago, according to data recemtly released by the Minneapolis Area Association of Realtors. The following is a list of recent home sales in Inver Grove Heights. 10883 Alberton Court Sold for: $475,000, Bedrooms: 6, Baths: 4. Agency: Coldwell Banker Burnet. 8691 Crismon Way Sold for: $442,915 Bedrooms: 4, Baths: 4. Agency: Pulte Homes of Minnesota. 7956 Bowman Avenue Sold for: $416,000 Bedrooms: 4 Baths: 4. Agency: RE/MAX Advantage Plus. 11350 Albavar Path Sold for: $395,000, Bedrooms: 4, Baths: 3 Agency: …
Monday, May 6, 2013
A look at recent home sales in your town.
The median home sales price in the Twin Cilties climbed for the 13th consecutive month in March and Inver Grove Heghts followed the trend. In March, Inver Grove Heights' median sales price was $177,5000, up nearly 37 percent from $129,900 from the same month a year ago, according to data recemtly released by the Minneapolis Area Association of Realtors. The following is a list of recent home sales in Inver Grove Heights. 8223 Darcy Lane Sold for: $125,000, Bedrooms: 2, Baths: 2. Agency: RE/MAX Specialists. 2425 96th Street E Sold for: $571,000 Bedrooms: 4, Baths: 3. Agency: RES Realty. 7551 Auburn Court Sold for: $359,900 Bedrooms: 4, Baths: 3. Agency: Experienced Realty. 6922 Benton Way Sold for: $162,500 Bedrooms: 2, Baths…
Sunday, April 28, 2013
A look at what recently sold in your town.
Homes sales continue to climb in the Twin Cities, with the median sales price up for the 13th consecutive month. In March, Inver Grove Heights' median sales price was $177,5000, up nearly 37 percent from $129,900 from the same month a year ago, according to data released last week by the Minneapolis Area Association of Realtors. The following is a list of recent home sales in Inver Grove Heights. 6951 Cleve Avenue Sold for: $156,500, Bedrooms: 3, Baths: 2. Agency: Network Realty. 7940 Conroy Way Sold for: $200,000, Bedrooms: 3, Baths: 2. Agency: Edina Realty. 6885 Inverness Trail Sold for: $110,000, Bedrooms: 2, Baths: 2. Agency: RE/MAX Specialists. 8691 Crismon Way Sold for: $442,915, Bedrooms: 4, Baths: 4. Agency: Pulte Homes of …
Sunday, April 14, 2013
A look at some recent home sales in your town.
Homes sales continue to climb in the Twin Cities, with the median sales price up for the 13th consecutive month. In March, Inver Grove Heights' median sales price was $177,5000, up nearly 37 percent from $129,900 from the same month a year ago, according to data released last week by the Minneapolis Area Association of Realtors. The following is a list of recent home sales in Inver Grove Heights. The sold information is courtesy of Edina Realty Inc. 8132 Clifford Circle Sold for: $350,000, Bedrooms: 4, Baths: 3. Agency: Centra Homes. 8652 Bernard Path Sold for: $120,000, Bedrooms: 2, Baths: 2. Agency: Keller Williams Integrity. 6375 Carleda Way Sold for: $152,000, Bedrooms: 4, Baths: 2. Agency: Coldwell Banker Burnet. 7868 …
Wednesday, December 12, 2012
The Minneapolis Area Association of Realtors’ Local Market Update for Inver Grove Heights shows increases in key areas.
Follow Inver Grove Heights Patch on Twitter | Like us on Facebook | Sign up for our free newsletter Inver Grove Heights’ real estate market mirrored the positive statistics experienced throughout the Twin Cities last month. Numbers released by the Minneapolis Area Association of Realtors on Wednesday showed signed of a continued recovery in Inver Grove’s house-selling market in November. While the median sales price last month was down compared to November 2012, figures for Inver Grove's closed sales, average sales price and percentage of original list price received were positive. Taking a glance at the MAAR’s Local Market Update for November 2012: CLOSED SALES: Inver Grove Heights recorded 30 closed sales last month, compared to 28 in …
Thursday, July 19, 2012
Based on statistics from the Minneapolis Area Association of Realtors (MAAR), the Inver Grove housing market is shrinking, stabilizing and becoming more lucrative for sellers.
The Inver Grove Heights housing market is beginning to show signs of real promise according to June statistics released by the Minneapolis Area Association of Realtors (MAAR). The percentage of new homes listed on the market decreased 23.8 percent compared to June 2011. "Distressed sales"—i.e. forclosures and short sales—have flooded the market for years but, according to MAAR, those properties are now coming off the market in significant numbers. Evidence of this is the fact that the number of closed sales in IGH increased by 31 percent in 2012. In addition, the average number of months it would take to sell all the homes in IGH—i.e. the "months supply of inventory"— dropped from 8.6 months in 2011 to 3.4 this year. The decrease is an …
Wednesday, June 20, 2012
According to the Minneapolis Area Association of Realtors (MAAR), the number of closed sales in Inver Grove Heights increased from 113 in 2011 to 159 this year.
The housing market in Inver Grove Heights is showing promise in several key areas, according to statistics released in early June from the Minneapolis Area Association of Realtors (MAAR). Compared to 2011, the number of new listings in the city is up 3.4 percent in May and up 1.7 percent so far in 2012. The number of closed sales in Inver Grove also increased 40.7 percent—from 113 in 2011 to 159 this year. The average number of days homes are staying on the market has dropped dramatically. Year-to-date statistics show an average of 14 fewer days on the market compared to 2011. In fact, homes in May 2012 spent an average of 124 days on the market compared to 153 days in 2011—an 18.5 percent decrease. One particularly encouraging statistic …
Friday, April 13, 2012
The median price of a home in IGH is down 31 percent in 2012 but local realtors are seeing far fewer homes on the market and far more closed sales.
Minnesota's housing market appears to be on the mend, but fluctuating numbers in Inver Grove Heights are giving local real estate professionals cause for pause. Area realtors reported Wednesday that residential real estate prices across the Twin Cities are on the rebound; the median price of homes sold in March was up 6.4 percent from the same month last year—the first such year-over-year increase since October 2010. But according to a report from the Minneapolis Area Association of Realtors (MAAR), the median price of a home in Inver Grove Heights in March 2012 was $129,900—almost 31 percent below its level in March 2011. Still, local real estate professionals are seeing several positive signs in the market. In fact, the number of …
Friday, November 18, 2011
Nearly 30 Inver Grove Heights homes sold last month, a roughly 87 percent increase over home sales in Oct., 2010.
The number of Inver Grove Heights homes that have sold so far this year is up compared to the same time period in 2010, thanks in part to a significant increase in the number of closed sales in October. In October, buyers snapped up 28 local homes—a roughly 87 percent increase over the 15 homes that sold last year in October, according to the latest Minneapolis Area Association of Realtors Local Market Update report. Once a month, the association releases local and regional real estate statistics, which include the number of closed sales, average sale price of homes and other information. While the reports typically paint a grim picture of the local real estate market, this month's report is more optimistic. So far this year, a total of …
Monday, October 17, 2011
The number of closed home sales in Inver Grove Heights has improved so far this year, when compared to the same period in 2010.
Is demand in the local housing market starting to catch up to supply? The answer is yes, according to the Minneapolis Area Association of Realtors. The association's local market update, provided by on a monthly basis, shows a roughly 5 percent increase through September this year in the number of closed sales in Inver Grove Heights compared to the same period last year. At the same time, the months supply of inventory declined by 3 percent this September, compared to the same month last year. The number of new home listings coming on the market also dropped 5 percent year-to-date. The inventory of available homes is an indication of supply and demand and thus, market prices. A shrinking inventory could mean that demand for homes in Inver …
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11:26 pm on Friday, September 21, 2012
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