From the category archives:

Chanhassen Market Statistics

Party Like It’s 2009

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You may think I’m crazy to make a statement like that since real estate was swirlin’ down the toilet in 2009. But it was better than 2010, which may have been the ugliest year in real estate history. I believe the upcoming year will resemble 2009 as far as number of sales (an increase of [...]

Chanhassen Real Estate Statistics and Analysis

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Hangover? What hangover? Many “people in the know” predicted that the end of the tax credit extension would result in a massive meltdown of home sales and would further cripple the real estate industry. They called it a hangover. I’ve had hangovers before (sorry, Mom) and this isn’t one of them. At least not as [...]

Chanhassen Real Estate Market Statistics – March 2010

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Talk about a weird month. Total sales were down by 50% but the average and median sales prices were up. Time on the market went down a little  but the percent of list price vs sale price jumped 4%. This continues the same market confusion we’ve had for the past four months: there does not [...]

Chanhassen Real Estate Market Statistics – Feb. 2010

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February housing numbers showed a general improvement in some areas and a decline in others. I’m somewhat optimistic as the average sale price of homes increased 18% from February of 2009. Last year the average price of a single family home was $299,500 compared with $353,500 in 2010. But the year to date average price [...]

Chanhassen Real Estate Market Statistics – January 2009

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January was a tricky month to figure out. At first glance, it appears that the market has rebounded and all our problems are in the past. After all, the median sale price jumped 27% from $320k to $408k and the average days on the market dropped from 134 days to 100. That’s a 25.1% drop [...]

Chanhassen Year End Real Estate Market Statistics

It could have been worse. It could have been better, but compared with other parts of the state it was better than most. Not exactly a resounding endorsement for Chanhaseen real estate,  but over all, we shouldn’t complain. The number of closed sales in 2009 was actually up 4.1% over 2008. There were 329 sales [...]

Chanhassen Real Estate Statistics – Oct 2009

October was an interesting month for Chanhassen real estate. Actually the whole year has been interesting, but we’re discussing October, so here it goes: There were 7.3% more new listings on the market compared with a year ago. That’s only four more houses so that is not notable. But the most telling category was the [...]