Medina Home For Sale

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.

Medina Real Estate Info: Prices of Homes in Medina MN

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.

Medina Real Estate News: March Medina Home Sales

Average number of days on the market in Medina was 548 days in March that was higher year over year, it was up 98.6% to 548 days in the past year. Medina average real estate sales prices dropped -56.8% mo/mo in March that something we are monitoring and talking about with our Medina Real Estate Team. Medina Real Estate Team were talking inventory of real estate for sale for the month of March 2012, it was up 0 houses to a total of 59 y/y. Average median sales price in Medina was $1,125,000 in March that was higher year over year, it was up $712,500 dollars on average. What are people receiving as a percent of original list price in Medina? In March of 2012 the average was it was down to 76.8% from 85.8% last month. The 20 new listings in March were higher year over year in Medina as a percentage it was up 66.7%. We at Medina-Realestate.Com were talking about the total number of homes that closed for the month of March 2012, they were up 0%. What is the months of supply of inventory for homes for sale in Medina? The latest reports of 10.8 months was reported in March, 2012 it was down -8.5% m/m.