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Luxury Home numbers for the Twin Cities MN for July 2015

Luxury Homes Numbers for July 2015.

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Dale Frisch Attractive Realty

Luxury Homes MN July 15 Current Listings

Looking at this graph of Luxury Homes in the Twin Cities MN will show you that the lower price brackets have a decent amount of Luxury homes for sale.  What is interesting is how many Luxury homes are for sale in the 1 million to 1.5 Million dollar price range.  The question that you may ask yourself or at least I would is: “Do we under price our home at under a million to sell it quicker since there is much more inventory in the Million dollar plus range?”

I had one client that was very worried about going over a million dollars when building their home.  It almost seemed that they thought that by going over a million dollars that they were actually wealthy.  It was very interesting to me how they seem to not realize that they were.

Luxury Homes MN July 15 Month Supply

The month’s supply is very high in the upper brackets but this due to less buyers in those ranges and ability to build what the buyers really wants vs buy preowned.

Luxury Homes MN July 15 number of real buyers

Luxury Homes MN July 15 numbers Avg days on Market Luxury Homes MN July 2015 Pending homes Luxury Homes MN July 2015 percentage of list price Luxury Homes MN July 2015 sold to listed percent Luxury Homes MN July 2015