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Eden Prairie Real Estate Spring And Summer 2019 Outlook
Dated: April 19 2019
Eden Prairie continues to be a premier residential community and home values reflect that. Eden Prairie homes values have seen historic appreciation over the last few years with a 13% average increase in home prices since 2016.
Homes on the market in Eden Prairie on average are currently receiving 98.5% of list price, indicating strong offers from buyers. We are also seeing Eden Prairie overall home prices are up 16% on average since just January.
MORE STRONG TRENDS: We have seen an increase of 58% 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, we expect summer 2019 in Eden Prairie to be a VERY strong sellers market!