Minneapolis, Minneasota: Top 5 MLS Districts

Well the RREAR is out! That's the 2007 Residential Real Estate Activity Report prepared by the Minneapolis Area Association of Realtors (MAAR). If you like to toss around real estate stats at parties this is your meal ticket! It is truly an awesome read for real estate buffs. MAAR continues to out due themselves and provide the public and is membership with resources and tool that are second to none.

Here are some highlights...(And the Oscar for Best Picture goes to...)

The 2007 Top 5 MLS Sales Districts by Dollar Volume Sold were....(can we get a drum roll)

#1 Lake Minnetonka - $409 Million

#2 Eden Prairie - $335 Million

#3 Edina - $329 Million

#4 Maple Grove/Osseo - $294 Million

#5 Wright County /(except Buffalo) - $288 Million

The 2007 Top 5 MLS Sales Districts by Median Sales Price Increase From 2006

#1 Eastern Iowa - up 185.7%

#2 Sunfish Lake - up 59.4%

#3 Eastern Wisconsin - up 47.6%

#4 Mendota/Lilydale/Mendota Heights - up 18.1%

#5 Chanhassen - up 9.5%

The 2007 Top 5 MLS Sales Districts by Percent of Original List Price Received at Sale

#1 Mendota/Lilydale/Mendota Heights - 97.7%

#2 Hutchinson - 96.8%

#3 Minneapolis, Central - 96.6%

#4 Southern Dakota County - 96.5%

#5 Minneapolis, Calhoun-Isles - 96.3%