Chris Prescott - Minnesota

Is your family growing and you need to upgrade? Are good schools important to you? Do you still want a short commute to downtown Minneapolis? Try Edina!

And now is a great time, because of low interest rates as well as a buyer's market. Edina was the only community with more than 200 home sales last year that posted an increase in home sale prices. In 2008, the median sale price of Edina homes sold through the Regional Multiple Listing Service was $388,250, up 3 percent from 2007. Throughout the metro area, the median sale price fell 13.3 percent.

Edina High School was ranked among the top 2 percent of high schools in the nation by U.S. News and World Report and landed 93rd in a 2007 Newsweek poll on the best 100 high schools in the nation.

Edina also hosts four golf courses, two private country clubs, upscale Galleria shopping and many $1 million-plus homes.There is more-affordable housing in the city, as well. Of the 210 single-family homes currently listed for sale, 73 are priced between $200,000 and $500,000.

Foreclosures have been a drag on sale prices across the metro area, but Edina has had relatively few of them. During 2008 only 53 of 651 closed sales were lender-mediated transactions including foreclosures.

Search for a new home, or contact me with any questions!

This information is a free research tool from the Minneapolis Area Association of REALTORS. To read the entire report, click on the logo below.

The number of new listings in the Twin Cities metro area has decreased 7% since this time last year however the number of pending sales has increased 19%. The average amount of time a home was on the market also decreased slightly in December 2008. The housing afordability index increased by a whopping 36%! Now is definitely the time to buy.

Time will tell if the new year brings a change in the housing market.

If you're less than thrilled about the proposed continuation of late start at Creek Valley Elementary in 2009-2010, please sign our petition via the link below:

Edina Residents Click Here to sign the Early Start Equality Petition

As concerned constituents of District 273, we propose start times at Edina Elementary Schools to be rotated fairly and equitably. Schools that currently have late start are due to have early start in 2009-2010 and deserve it. However, the Edina School Board is proposing to leave all start times as is for the coming years.

Edina policy states that times are set every two years and are rotated among the elementary schools to be equitable.

We understand the budgetary pressures District 273 is facing, but know there is a way to continue rotating start times in a fiscally responsible way. We are willing and able to work with the district to figure out another way to solve this issue.

Edina Residents Click Here to sign the Early Start Equality Petition

Also, please try to attend the Jan. 26 Edina School Board meeting as late start is an issue on the agenda for discussion.

If you want to find clothing designed by women and for women, then you must visit www.hotmamaonline.com

This upscale boutique offers clothing that nurtures, encourages, and supports mothers while offering only the most contemporary clothing to the fashion-forward mom. The owners, Michael and Megan Tamte, developed this concept soon after the birth of their first-born. They recognized the change parenthood brought on their life, so sought to build a store that focused entirely on serving moms and moms-to-be.

Hot Mama is also charitable and donates 1% of all revenues to Breast Cancer Research for women.

ShopMama is the online division of Hot Mama, Inc., whose main offices are in Edina, Minnesota.

This information is a free research tool from the Minneapolis Area Association of REALTORS and gives a concise picture of most recent statistics in this Minneapolis Minnesota community.

The information is for Edina, Minnesota. To read the entire report, click on the logo below.

Edina's listings and closed sales are down by 20% since November of 2007. However the average number of days on the market has gone down by 23%, from 130 days to 99 days.

Please note that some of the figures referenced in the report are for only one month worth of activity. As such, they can sometimes look extreme due to the small sample size involved.