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December 4, 2008

View homes for sale at this link. This link receives an idx feed from the Northstar Regional MLS system. Therefore, it will only show a small portion of the entire inventory. For a comprehensive list of all Mantorville MN MLS listings, please call me at 612-296-0007.

Is the Mantorville MN real estate market about to explode?

Plug your ears!

It’s a poorly kept secret that real estate is slow in many markets. If you listen to the doom-and gloom reports on the local or national media, you would think that everyone is buying big cardboard boxes instead of houses.

The media is not giving you the entire picture.

One thing they are not telling you is that many smaller cities do not see the severe boom-and-bust market oscillations that you see in the Minneapolis real estate market. Another thing that they are not telling you is that the prices will look skewed this winter because traditional home sellers will take their home off of the market for the holidays, while the lender-mediated properties remain listed on the Mantorville MN MLS. However, this does not mean that buyers should dawdle; investors are swiftly scooping up those homes.

Those TV anchors with all of that hair spray are not talking about Mantorville, either. They don’t mention the fact that the Mantorville MN MLS market enjoys an advantage because of its close proximity to Rochester. Of course, nobody has a crystal ball. But you don’t have to be a rocket scientist to see what is happening; Rochester is a growing city with a vibrant economy. Most clairvoyants will tell you that new developments around its periphery will continue to pop up.

What’s for Sale on the Mantorville MN MLS?

According to the Northstar Regional Multiple Listing Service at the time of this post, the average asking price is $301,267,with prices ranging from the low 100’s to mid 600’s. You should probably take this statisitic with a “grain of salt;” Northstar claims that the average year-built of homes for sale is 1637! It also shows only a small percentage of all available homes.

According to the local SEMAR Mantorville MN MLS, prices range from $54,900 to $649,000 at the time of this post. You can find everything from mid 19th century homes on main street to sprawling luxury ramblers that claim over 6000 finished square feet of living area.

Whatever you are looking for, we can help you find it. Please give us a call so we can help you discover the property that is right for you.

Possibly related posts:

  1. Minneapolis MLS home sale prices for June 2007 are up 4.4% from June 2006.
  2. Eden Prairie Minnesota Real Estate Market Report
  3. Life in “Xlake” (CrossLake MN Homes for Sale)

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