Is Minnetrista, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Minnetrista was a Seller's Market.
Housing Prices in Minnetrista, MN
How much do homes in Minnetrista, MN cost?
Median Sold Price
$673,475
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Minnetrista was $673,475 in March 2024, up 6.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $307.5K | $516.5K | +68.0% |
3 Bedrooms | $535K | $586.4K | +9.6% |
4 Bedrooms | $625K | $752.5K | +20.4% |
5+ Bedrooms | $717.5K | $819.9K | +14.3% |
Summary: Minnetrista housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 14.3%.
Housing Supply in Minnetrista, MN
How many homes are available in Minnetrista, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 57 | +23.9% |
Summary: The Minnetrista real estate market had 57 homes for sale in March 2024, a 23.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 7 | 14 | +100.0% |
Summary: The Minnetrista housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Minnetrista in March 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Minnetrista, MN
How long does it take to sell a home in Minnetrista, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 17 Days | +13.3% |
Summary: Homes in Minnetrista had an average of 17 days on market in Mar 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Minnetrista; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.