Sunday, July 27, 2008

Minnesota Real Estate

Minnesota Real Estate

Maple Grove Market conditions and trends. These numbers are based on the summer 2008 statistics. Maple Grove is located closest to the Minneapolis and St. Paul metro area. Currently, there are more buyers that sellers in this market. Homes are staying on the market approximately 60 to 90 days. There is a good supply of houses for all the different price points. The homes on average are between $200,000 and $600,000. The selling prices vs asking prices are strong, 95-100%. Most of the Maple Grove real estate activity is in move up buyers.

Home buyers are in the best position in the Maple Grove real estate market. Due to a large amount of variety in all the different price ranges. Maple Grove Homes are on the market for 90 days or more. This sale time is an average and may vary. In Maple Grove the real estate has begun to stabilize with supply and demand. However, the sellers are reporting to get approximately 90% of the listing price.

Information on Maple Grove Real Estate

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