Single Family Homes
May 2008
Richfield real estate market seems to act a bit more like the weather. It goes, it goes down. No one knows why.
Temperatures again have been below average. However, there have been more weekend activity between scheduled showings and the open house attendance.
As you see, there are many homes that have been on the market for months now. The total market time of currently active listings ranges from 1 day to whaping 400 days, and the average is 77 days on the market.
Again, home owners whose homes are currently on the market are seeing an increased showing activity, and homes are selling a bit quicker. Overall, encouraging news!
Currently available for sale: 200 homes, up from 188 last month change: +6%
Homes listed during the month: 73 homes up from 66, change: +11%
Pending transactions during the month: 38 homes down from 50, change: -24% !
Home sales closed this month: 31 homes up from 29, change: +7% !
Market Temperature
Four homes listed this month sold quickly:
2 sold in 2-4 days - list price $175,000 and $309,900
3 sold in 10-16 days - list price $172,900, $214,000 and $217,900
3 sold in 21-28 days - list price $162,000, $240,000 and $345,000
1 sold in 3 days - list price $189,900, although this home was previously listed for 49 days. This closed was successfully closed on 5/28/08 - sale price $160,000
Aver. List Price Aver. Market Time Aver. Sq Ft
Transactions Pending: 54
List Price: $0 - $100,000 (1) $89,900 291 1,120
List Price: $100,000 - $200,000 (31) $169,626 134.8 1,454
List Price: $200,000 - $300,000 (20) $226,308 109.6 1,814
List Price: $300,000 - $400,000 (2) $327,450 11.5 2,541
Aver. Sold Price Aver. Market Time Aver. Sq Ft
Homes Sold: 31
Sold Price: $0 - $100,000 (1) $87,000 223 1,440
Sold Price: $100,000 - $200,000 (13) $167,900 107.5 1,576
Sold Price: $200,000 - $300,000 (17) $227,361 120.9 1,728
If you are looking for market information for condos, duplexes, or multi-family residential investment properties, email your request to: Marzena@MarzenaMelby.com
Sellers: If you are planning on selling your home within the next six months, call me foe a complimentary market analysis. Hire the agent who has the right tools to find the right buyer for your property.
Buyers: Are you ready?! We offer a free consultation to help you determine the timing and the price range right for you and your situation. We are very knowledgeable about financing options, including special programs and first-time home buyers programs.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at 612-267-6798 to list your property for sale or to purchase a property in the Twin Cities Greater Metro Area.
Visit my profile to find out more about my services. Call me today at 612-267-6798. If you prefer, contact me by email, by clicking on "email me" link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2008 By Marzena M. Melby, All Rights Reserved
inneapolis is called City of the Lakes for a reason: one of its main recreation areas is the Chain of Lakes. Lake Harriet features 67 acres of land and 344 acres of water. It is very popular destination for walking, biking, rolerblading and biking for thousands of residents each year.
Music has been part of the life at Lake Harriet. Between Memorial Day and Labor Day, the bandshell is home to variety of music and musicians: from classical to rock. These are free events and are always very well attended.
The street that takes you around the lake and along the walking and biking paths is Lake Harriet Parkway, with its prime real estate. Many homes on the parkway have a good view of the lake. Many have been updated inside and out; some have had additions in recent years. It's a delight for many people to walk around the lake and enjoy beautiful 19th century architecture. Here's a small sample for you to enjoy.
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Contact Marzena M. Melby, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at 612-267-6798 to list your property for sale or to purchase a property in the Twin Cities Greater Metro Area.
Visit my profile to find out more about my services. Call me today at 612-267-6798. If you prefer, contact me by email, by clicking on "email me" link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2008 By Marzena M. Melby, All Rights Reserved
Single Family Homes
April 2008
SW Minneapolis real estate market continues to improve this spring. April weather in our area was very finicky. Temperatures below average, rain and even some snow (mostly in western and northwestern Minnesota, those areas received 6-12 inches!). Since weekends are usually the time when most people shop for homes, the weather halted that activity a couple of times.
As you see, there are many homes that have been on the market for months now. The total market time of currently active listings ranges from 1 day to whoping 487 days, and the average is 154 days on the market.
Again, home owners whose homes are currently on the market are seeing an increased showing activity. Our appointment center is noting a significantly higher appointment call volume.
Currently available for sale: 326 homes
Homes listed during the month: 108 homes
Pending transactions during the month: 50 homes Home sales closed this month: 29 homes
Market Temperature 
Four homes listed this month sold quickly:
2 sold in 1 day - list price $470,000 and $637,000!
1 sold in 2 days - list price $910,000
7 sold in 10-14 days - list price $252,700 - $385,000
11 sold in 15-30 days - list price $76,000 - $979,900
Transactions Pending: 78 Aver. List Price $302,670 Aver. Market Time 136 Aver. Sq Ft 1,759
Transactions Closed: 51 Aver. Sold Price $387,746 Aver. Market Time 124.4 Aver. Sq Ft 2,166
If you are looking for market information for condos, duplexes, or multi-family residential investment properties, email your request to: Marzena@MarzenaMelby.com
Sellers: If you are planning on selling your home within the next six months, call me foe a complimentary market analysis. Hire the agent who has the right tools to find the right buyer for your property.
Buyers: Are you ready?! We offer a free consultation to help you determine the timing and the price range right for you and your situation. We are very knowledgeable about financing options, including special programs and first-time home buyers programs.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at 612-267-6798 to list your property for sale or to purchase a property in the Twin Cities Greater Metro Area.
Visit my profile to find out more about my services. Call me today at 612-267-6798. If you prefer, contact me by email, by clicking on "email me" link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2008 By Marzena M. Melby, All Rights Reserved
Single Family Homes
April 2008
Edina real estate market continues to slowly wake up this spring. April weather in our area was finicky. Temperatures below average, rain and even some snow (mostly in western and northwestern Minnesota, those areas received 6-12 inches!). Since weekends are usually the time when most people shop for homes, the weather halted that activity a couple of times.
As you see, there are many homes that have been on the market for months now. The total market time of currently active listings ranges from 3 days to whaping 777 days, and the average is 160 days on the market.
Again, home owners whose homes are currently on the market are seeing an increased showing activity. Our appointment center is noting a significantly higher appointment call volume.
Currently available for sale: 248 homes
Homes listed during the month: 108 homes
Pending transactions during the month: 50 homes Home sales closed this month: 29 homes
Market Temperature
Four homes listed this month sold quickly:
2 sold in 1 day - list price $853,000 and $950,000!
3 sold in 3-9 days - list price $350,000 - $824,900
8 sold in 11-23 days - list price $219,900 - $1,695,000
Transactions Pending: 67 Aver. List Price $679,101 Aver. Market Time 109.3 Aver. Sq Ft 2,909
Transactions Closed: 35 Aver. List Price $542,936 Aver. Market Time 140.02 Aver. Sq Ft 2,769
If you are looking for market information for condos, duplexes, or multi-family residential investment properties, email your request to: Marzena@MarzenaMelby.com
Sellers: If you are planning on selling your home within the next six months, call me foe a complimentary market analysis. Hire the agent who has the right tools to find the right buyer for your property.
Buyers: Are you ready?! We offer a free consultation to help you determine the timing and the price range right for you and your situation. We are very knowledgeable about financing options, including special programs and first-time home buyers programs.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at 612-267-6798 to list your property for sale or to purchase a property in the Twin Cities Greater Metro Area.
Visit my profile to find out more about my services. Call me today at 612-267-6798. If you prefer, contact me by email, by clicking on "email me" link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2008 By Marzena M. Melby, All Rights Reserved
Single Family Homes
April 2008
Richfield real estate market continues to slowly wake up this spring. April weather in our area was finicky. Temperatures below average, rain and even some snow (mostly in western and northwestern Minnesota, those areas received 6-12 inches!). Since weekends are usually the time when most people shop for homes, the weather halted that activity a couple of times.
As you see, there are many homes that have been on the market for months now. The total market time of currently active listings ranges from 3 days to whaping 482 days, and the average is 131 days on the market.
Again, home owners whose homes are currently on the market are seeing an increased showing activity. Our appointment center is noting a significantly higher appointment call volume.
Currently available for sale: 188 homes down from 200 last month change: -6%
Homes listed during the month: 66 homes up from 56, change: +18%
Pending transactions during the month: 50 homes up from 31, change: +61% !
Home sales closed this month: 29 homes up from 17, change: +71% !
Market Temperature
Four homes listed this month sold quickly:
1 sold in 9 days - list price $199,900
1 sold in 13 days - list price $209,900
2 sold in 17 days - list price $157,900 and $219,900
Aver. List Price Aver. Market Time Aver. Sq Ft
Transactions Pending: 53
List Price: $0 - $100,000 (1) $84,900 223 1,440
List Price: $100,000 - $200,000 (30) $169,370 130.8 1,470
List Price: $200,000 - $300,000 (22) $232,906 118.8 1,799
Homes Sold: 12
Sold Price: $100,000 - $200,000 (8) $168,288 129.8 1,384
Sold Price: $200,000 - $300,000 (2) $247,900 298.5 1,747
Sold Price: $300,000 - $400,000 (2) $344,450 305 2,640
If you are looking for market information for condos, duplexes, or multi-family residential investment properties, email your request to: Marzena@MarzenaMelby.com
Sellers: If you are planning on selling your home within the next six months, call me foe a complimentary market analysis. Hire the agent who has the right tools to find the right buyer for your property.
Buyers: Are you ready?! We offer a free consultation to help you determine the timing and the price range right for you and your situation. We are very knowledgeable about financing options, including special programs and first-time home buyers programs.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at 612-267-6798 to list your property for sale or to purchase a property in the Twin Cities Greater Metro Area.
Visit my profile to find out more about my services. Call me today at 612-267-6798. If you prefer, contact me by email, by clicking on "email me" link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2008 By Marzena M. Melby, All Rights Reserved
How do I serve your real estate needs? With a laser focus on your goal, I ensure we follow the road map to reach the destination on time. It's all about YOU! Get a MOVING Real Estate EXPERIENCE
Use this section to write about your specific areas of expertise. Do you specialize in first time buyers - listing high end homes - etc. Are there specific market area's that you specialize in? The more you write about your area's of expertise the more knowledgeable you'll sound to a potential buyer or seller.
Do you have any good testimonials that clients have provided you in the past? Be sure to add them here.
"Marzena, Thank you so much for all your help buying our dream home. You made this stressful process seemless and almost easy. The negotiation went well only because of your ability to stay calm. We are thrilled with the home and with all the terms. Thanks again!"
Tom and Mariola C.
Plymouth, MN
"Marzena and her team put a great effort into helping us find a great home within a tight time frame and also location and price range requirements. They were absolutely great at communication and solving problems that came up during the process. We will absolutely use them again when it's time to move again."
Keri and John N.
Minneapolis, MN
"Marzena,
Thank you very much for all the work you put into selling my mother's house. My siblings and I are thrilled with the end result. We worked very hard on remodeling our mom's home, and we tried to sell it FSBO, and it didn't work. Your and Joyce's hard work and good marketing brought in enough buyers that the property sold, and it sold for a good price.
Thanks again!"
George T.
Bloomington, MN
"We were so lucky that we had Marzena's team working with us. The loan officer we had been pre-approved by all of the sudden "disappeared": her office phone was disconnected, there was no answer on th cell phone, we never received the pre-approval letter, etc. All-of-the-sudden we found ourselves in the middle of negotiating on a house and not really knowing if we had a mortgage secured. Marzena referred us to an experienced and reputable loan officer, who took charge and saved our situation and the transaction. Thanks Marzena. We love our home!
Jackie and Jeff R.
Richfield, MN
"We called Marzena for a market analysis when we were trying to sell my parents' home on our own. At that time, we had talked to two other agents. Marzena's marketing and property pricing looked far more superior than that of the others. We received great decorating and staging help from Marzena's team, which really helped sell the home. When we finally decided to list, Marzena and her team did a fantastic job, especially during negotiation. We are glad we called Marzena."
Stacy H.
Minneapolis, MN
Marzena,
Thank you so much for all you time, effort and lots of patience that you put into helping me buy my home. The seven months that it took seemed like eternity. Every time we wrote an offer, my heart was pounding not knowing if this was the right home. But, when we found this home, all pieces of the puzzle came together so easily. Once again, thank you so very much. I love my home!
Diane C.
Plymouth, MN
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