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Edina Real Estate Summer 2019 Outlook
Dated: June 5 2019
Edina continues to rank as one of the top communities in the Twin Cities. With some of the best shopping in the metro, over 40 parks, great trails and greenspaces, and excellent schools, Edina is a great place to live!
Edina homes values have seen historic appreciation over the last few years with a 14.5% increase in median home prices since 2016!
Homes on the market in Edina on average are currentlyreceiving 98.5% of list price, indicating strong offers from buyers.
Edina median home prices are up an impressive 21% just since January 2019!
Given the numbers we are seeing, with the added "fuel" of record low mortgage interest rates, we expect summer 2019 in Edina to be a VERY strong sellers market, and an excellent time to buy as well!