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Mahtomedi Real Estate Agent Jeff Lundquist and his team of Mahtomedi real estate agents welcome you to I Got Real Estate. We service the greater Minneapolis real estate market as well as the areas of Minnesota that you see to the right in our featured listing navigation.
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Mahtomedi, Minnesota Real Estate
Mahtomedi real estate is particularly wonderful owing to its positionof White Bear Lake. In the late 1970s city officials recognized Mahtomediwas in an area with high potential for growth. They were determinedto preserve open space and wetlands, to make sure developers did notpave over the heavily wooded landscape and to maintain area lakesand parks for continued enjoyment of residents. Today Mahtomedi hasgrown into a great community. Search Mahtomedi homes for sale .
Mahtomedi Homes for sale
While few of the old summer cottages remain in Mahtomedi, more thana fourth of its housing was built before 1940. Unlike many of itsneighbors that have grown in spurts, Mahtomedi has steadily addedseveral hundred homes a decade since the 1970s. More than a thirdof its housing remains in the $400,000 and under range; however, Mahtomedi'shousing began a move upscale in the 1990s, with homes $550,000 to$850,000 increasing from 33 to 155 and homes $300,000 and up increasingfrom 15 to 149.
Mahtomedi Real Estate News for February
The average number of days declined for real estate has been on the market in February in Mahtomedi currently it is as a percentage it was down -42.2% to 107 days month vs month. Mahtomedi is now at 26 for days of inventory for sale in February that was lower vs last year, it was down -25 days. The median sales price of a home was $243,000 in February it was higher y/y in Mahtomedi as a percentage it was up 74.9%. Mahtomedi saw 11 new listings in February that was higher month over month, it was up 2 homes. Mahtomedi percent of origional price listed recieved rose 1.3% yr/yr in February to 87.7% that something we want to see continue, call today to talk to with our Mahtomedi Real Estate Team. Mahtomedi's months of inventory/supply for sale remained flat % yr/yr in February that something we are not concerned about at this time-62.5% yr/yr in February we to see it continue to go lower . February, 2013 the $272,875 avg real estate average sales prices in Mahtomedi was higher m/m up 7.2%. We at Mahtomedi Real Estate Team were talking the number of homes that closed for the month of February 2013, they were up 166.7%.
Search every listing of every home for sale in Mahtomedi though we can no longer use the phrase search Mahtomedi MLS because the RMLS initiated a Rule that prohibited the use of the term MLS. So every place that used to say search the MLS now says search Listing Search.