As promised I wanted to share some statistics on Townhouses selling in Eden Prairie and a quick snapshot of the Eden Prairie real estate market. Talking to many people coming through open houses, there is a lot of sentiment out there that nothing is selling in todays real estate market. Currently, there are 215 townhomes in Eden Prairie, active with the multiple listing service.
The lowest priced listing is at $94,900 and is a 2 bedroom 1 bath unit with one car garage. The highest price listing is located in Bearpath at $919,000 which will find you 3 bedrooms and 3 bathrooms and over 4,000 square feet of space and a 3 car garage.
There are 112 units listed under the price of $200,000. A very common price point in Eden Prairie.
Common Eden Prairie townhouse
So here is the good news, townhouses in Eden Prairie are in fact selling! According to the multiple listing service, since the first of June 164 townhouses in Eden Prairie have sold. Of those, 97 were under the $200,000 price point. Over $400,000 is a little tighter market with only 11 townhomes having sold since June 1st.
Of the 164 sold units, the avarage sale price was $213,935. Average market time for those sold properties was 67 days. Those are some statistics you don’t see in todays media, probably because they are average, boring statistics, nothing sensationalized. Just pure facts from the multiple listing service. If you would like further data or have questions regarding the market, feel free to email or leave a post.
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