Snow to Minnesota brings wonder, excitement, exhaustion, and car accidents - Stieg Strand's Weekly Real Estate Report

Dated: February 16 2024

Views: 20

Understanding a Zestimate of your home's value on Zillow.com


      

A weekly format change is here. 
You can think of it as early spring cleaning,
now that football season is over.


The area happenings and events section is lower in the email now....Speaking of that, due to the SNOW there will be a sledding hill highlight section for those trying to remember where are all the good sledding hills are for the kids and grandkids.

What a treat to see it come down last night, and my snowblower did start and run after all that dormancy this morning! I am grateful.  To me and snow at night especially turns every light to a glow is so calming, even though it is not fun to drive on or get out of my driveway.


One very different, but important item I wanted to mention.
When my wife and our three kids moved to the area in 1994, we lived in Chaska for several years and we would frequently go to to Cooper's Grocery Store in downtown Chaska. It was a great place to get full service (they bagged!) groceries.


Sadly, Cooper's 100+ year run is coming to close on March 2. 

Since 1917 it had been a landmark through time, and a steady even comforting presence as Chaska grew from a stop on the river road to a suburban community of nearly 30,000 people.

You can read more about it the store and its histiry from the
Chaska Herald or clicking on either of these two fantastic
Cooper's photographic nostaglia.







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Cumulative Sales in the SW Metro Corridor 


* 93 homes listed for sale
(83 the previous week)
*47 homes to pending status
(59 the previous week)
*32 homes sold (closed escrow)
(35 the previous week)
* 15 median days to pending 
(14 the previous week) 
*$286 ppsqft average sold
($296 the previous week ) 

*ppsqft = price per above ground square foot
    
THIS WEEK'S LOCAL Home Sale Data is defined as the
last 7 days of the existing home sales: 
 Bloomington, Chanhassen, Chaska, Eden Prairie,
Edina, Hopkins, Minnetonka, Shorewood, & Victoria



Click below for THIS WEEK reports:

ONLINE INTERACTIVE VERSION

WHITE PAPER VERSION


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Kids (that means parents!) Night out at the
Chanhassen Rec Center (Friday night the 16th)



A VERY SPECIAL FREE night at Grace Church in Eden Prairie.

A family respite night for adoptive and foster parents 
(+ siblings and grandparents)
featuring NorthStarTherapy Animals, Bouncy House, Face Painting,
Games, and more for up to 12 years old.

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Sledding "Report"


The fresh snow is finally every kids dream and with the warmish weather what a great an inexpensive (even if at times dangerous) way to have fun with the kids and grandkids!   

On the southwest side of town, we are blessed  with dozens of great sledding hills. You will find links for more information about them below. 

The "Big Kahuna" of the SW metro sledding hills is easily Staring Lake Park in Eden Prairie, featuring a 700 foot run + Lots of parking, lights, and of course bathrooms.


This group of sledders are trying to figure out who should go first at the top of the Staring Lake Hill in Eden Prairie. 


Richardson Nature Center@Hyland (Bloomington)
Lake Waconia Regional Park (Waconia)
Lake Minnewashta Regional Park (Victoria)
Carver Park - Lowry Nature Center (Victoria)
Marsh Hallberg Sledding Hill (Chaska/Jonathan)
City of Chanhassen (5 Sledding Hills!)
Staring Lake Sledding Hill (Eden Prairie)
Valley Park (Hopkins) 
Woodhill Park (Savage) 
Adams Hill Park (Richfield)


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Search from your laptop, desktop, or iPad with MN Home Reports






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 phone on HomeSpotter




 


 
____________________________________ 

When it is time.


Today, the real estate market is pulling from a lot of different directions. Homeowners need a steady experienced person to be a trusted advisor. A market current, pragmatic, and unhyped counsel on potential home investments (dealing with deferred maintenance and cosmetics) and what likely return for their time, effort, and money can be realistically anticipated.

I spend many hours over long periods of time in person, email, and on the phone providing value and confidence to homeowners.
Let me do that for you, it is at the core of what I call... Showing Up, Working Hard, Every Day. & Long before I ask for your commitment.

So invite me to your home. I will drink your coffee, tea, or tap water, and take a brief tour with you. Then, we will discuss your plans and I listen to you carefully as I know some agent's simply don't listen and only want to talk about themselves. No "presentation", just me with my legal pad and clipboard.

I will then leave, almost always before I am asked, and prepare a report for you to give you the counsel you are looking for so you can make the best decision possible when you are are ready to do so. 

See "Coming Soon" Listings for the SW Metro HERE


Common Thought: Is it  STILL a sellers market or has it FINALLY shifted to a buyers market?

YES is the short answer.
We currently have a limited supply of homes at a 1.7 Months supply for existing single family listings as of 2/15/24. NOTE: 1.7 Months is a week less than it was just a week ago. 


The Minneapolis-St.Paul Metro has been in a seller's market since Nov 2014 when it hit 3.9 months of supply.
 
What is for sale near you?
 
Miss last week's email?
View ALL previous issues of the weekly email 
HERE


I show up and work hard every day for my clients.

Stieg Strand, Realtor®
RE/MAX Results - Eden Prairie
28 years Selling Real Estate!
My Website
https://mcusercontent.com/fb4fb98668be2adda0e886fc6/images/3be5f551-ee49-14f9-8f79-ad2f1135b7b8.jpg" width="564" class="m_2328511952703415575mcnImage CToWUd a6T" data-bit="iit" tabindex="0" style="cursor: pointer; outline: none; border: 0px; height: auto; vertical-align: bottom; max-width: 1200px; padding-bottom: 0px; display: inline !important;" />
Thank you for your time today

At your service, 

Stieg
Blog author image

Stieg Strand

Simply Google his name, and you will see that Stieg organically (without paying as an advertiser) is a top trusted Realtor in the area. Stieg is a 25+ year real estate veteran who knows that tenacity ....

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