Search condos for sale in Minneapolis with real estate experts Roost Real Estate.
The Minneapolis housing market remains highly competitive, with Minneapolis homes for sale typically receiving an average of two offers and selling within about 26 days. Last month, the median sale price for a home in the city was $350K, reflecting a 2.6% increase compared to the previous year. Similarly, the price per square foot for homes for sale in Minneapolis rose to $229, marking a modest 0.4% growth. This data suggests steady demand in the market, as buyers continue to seek out properties despite the rising prices.
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Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
The condo real estate market in Minneapolis is reflecting trends seen across the broader housing landscape, with indications of a more stable and slightly more predictable market looking forward into 2024. The overall Minneapolis housing market, including condos, has seen a notable reduction in the days properties stay on the market and a decrease in inventory, suggesting a competitive environment for buyers.
Prices per square foot have risen, indicating an increase in property values. The Twin Cities area, including Minneapolis, has experienced modest growth in median and average sales prices, with a slight increase in the months supply of inventory, hinting at a gradual shift towards a more balanced market.
Opting for a condo in Minneapolis offers a blend of urban convenience and a comfortable, maintenance-free lifestyle that appeals to a wide range of buyers, from young professionals to retirees. The city's rich cultural scene, robust job market, and plethora of dining, shopping, and entertainment options make it an attractive place to live.
Condos, in particular, provide a sense of community and security, often come with amenities such as fitness centers and communal spaces, and eliminate the need for direct homeowner maintenance tasks.
Choosing a condo for sale in Minneapolis from Roost Real Estate means investing in a property that promises personalized service, quality homes, and a focus on client satisfaction. Roost Real Estate stands out for its commitment to matching clients with the perfect condo to fit their lifestyle, budget, and preferences.
Whether you're searching for a cozy corner in the heart of the city or a serene spot with breathtaking views, your dream home awaits in Minneapolis. Our team is here, ready to guide you through every step of the journey towards owning your ideal property.
Discover the perfect Minneapolis neighborhood for your next home! Whether you're drawn to the vibrant energy of downtown or the quiet charm of suburban streets, our comprehensive Minneapolis neighborhood guide has everything you need to find the ideal location. Explore detailed insights into each area, from local amenities and schools to dining and entertainment options. Start browsing today and get one step closer to finding your dream home in the heart of the city!
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