




Located along State Highway 55, the Medina MN real estate market is a popular place for families and individuals when they are looking for a new home. My job at Polaris, the popular snowmobile and ATV company, brought me and my family to the Medina real estate market and we have enjoyed living here since then.
One of the great things about Medina is the Osseo Area Independent School District. Within the district, there are more than 20,000 students of all ages attending one of the 17 elementary schools and other schools. Right now, we have kids attending the Osseo Junior High School and the Osseo Senior High School and we are pleased with the way the teachers and faculty are dedicated to each student’s success.
The Medina neighborhoods are available with a variety of features for home buyers of all types. Whether you are looking for traditionally planned neighborhoods or ones with updated features, Medina neighborhoods will have something for you. Medina Meadows and Wild Meadows are two ideal neighborhoods for families with busy lifestyles. But Covey Run and The Bridgewater at Lake Medina provide serene atmospheres which are just a short distance away from shopping and dining opportunities. Medina Highlands and others are also located near community parks like Morris T. Baker County Park and Maple Hill Park, which are two of the larger Medina parks in the area.
The Medina real estate market is home to residents in the upper class and middle class. There are dozens of homes available in the $700,000 and above price range but the majority of Medina homes for sale are in the $150,000 to $300,000 range. There are a few homes below $150,000 and several between the $300,000 and $700,000 range so there is definitely something to meet the budget needs or a variety of home buyers.
The Medina Real Estate Group were talking about average sales prices for the month of December 2011, they were down -9.7%. What is the current inventory for homes for sale in Medina? The latest reports of 55 days was reported in December, 2011 it was down -12.7% m/m. Medina saw 3 new listings in December that was lower year over year, as a percentage it was down -40%. With 12.9 months of inventory for sale in Medina which was reported December call and expert at,Medina Real Estate Group. In Medina the average days on the market rose 7.5% yr/yr to 257 in December that something we are concerned about with our Medina Real Estate Team. Medina median sales prices of real estate dropped -11.8% mo/mo in December that something we are monitoring and talking about with our Medina Real Estate Group. What are people receiving as a percent of original list price in Medina? In December of 2011 the average was it was down to 92.2% from 95.5% last year. The 8 closed sales in December was higher month over month in Medina it was up 4 homes.









