Shorewood Real Estate Early 2020 Outlook

Dated: January 9 2020

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Shorewood Real Estate - Early 2020 Outlook

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Shorewood continues to be a highly sought after residential community near Lake Minnetonka and home values reflect that. Shorewood home values have seen historic appreciation over the last few years with an astounding 35.3% increase in average home prices since January 2016. 

Homes on the market in Shorewood on average are currently receiving 97.8% of list price, indicating strong offers from buyers.   

Shorewood median home prices are up 13.5% just since January 2019!

 

Given the numbers we are seeing, we expect early 2020 in Shorewood to be a VERY strong sellers market, and an excellent time to buy as well!

 

See all homes for Sale in Shorewood

 

 

See all homes for Sale in Shorewood

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