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Chanhassen Real Estate Spring And Summer 2019 Outlook
Dated: April 22 2019
Chanhassen is STILL one of the Top 5 Places to Live (as ranked by Money Magazine) and home values reflect that. Chanhassen homes values have seen historic appreciation over the last few years with a 13.5% increase in median home prices since 2016.
MORE STRONG TRENDS: We have seen an increase of 32.5% in pending sales since January and trending upwards, which is likely due to the increased foot traffic and buyers eager to get out and see homes to buy.
Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect summer 2019 in Chanhassen to be a VERY strong sellers market, and an excellent time to buy as well!