Balanced. That’s the best way to describe the current real estate market in Edina and it’s probably the only market in the Twin Cities metro region that can make that claim.
Our local MLS releases its market statistics a month behind, so although these statistics are from July, 2015, they are considered the most recent numbers.
New Listings in Edina
Last month, the number of homeowners in Edina that decided to list their homes for sale inched up 2.5 percent, adding to the area’s inventory of available homes.
Median Sales Price in Edina
The median sales price of an Edina home decreased in July over July 2014’s median, to $393,615. This is also a decrease from the previous month’s $417,000. In fact, this is the third consecutive month…