Canadian Christmas Train or a Non-Canadian Activity?

Dated: December 8 2023

Views: 2

There is such a potent nostalgia that train's pull out of me. I fondly remember going to the Canadian Pacific Holiday train to downtown St. Paul with my wife Marilyn, and our three kids 20ish years ago. It was FREE, so I liked that...but it was a also a lot of fun and a comforting memory to "slip into" at this meaningful time of year. The Train will have 11 stops through the Metro alone this weekend! It is still free to attend but they are asking for people to bring non-perishable food they will donate locally.

The Canadian Pacific Holiday Train




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The O'Neill Brothers
Christmas Benefit Concerts

December 15-17 in Edina
(You will need advance tickets for this one for sure!)



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15th Annual Teen Challenge
Christmas Concert

Saturday the 9th at 3pm & 7pm

Grace Church, Eden Prairie
featuring Micah Tyler




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Christmas in Excelsior

Saturday's December 9 and 16



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Unmapped Brewing Holiday Market
Glen Lake/Minnetonka



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Winter Farmers Market
The Minnetonka Community Center




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The U of M Apple House
in Victoria (Hwy 5 & Rolling Acres Road)


(STILL....Lots of tasty apples, gifts, and Christmas tchotchke's
NOW through December 20th)




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This week, home sales activity rebounded to "typical" levels last week, as it was expected after the Thanksgiving shortened week prior.  The inventory of available homes for sale is relatively high for this time of the year. Many of them are in the upper bracket in pricing. Right now there are 401 homes for sale in the area, and the average price of those homes being $633,526 and they have been on the market for an average of 57 says. Which means the current inventory is a bit "top heavy".

So what? 

If you are a near future buyer, there are a growing number of sellers who are getting more and more anxious to sell. The price and concessions you will pay is more likely to be more favorable, especially as you increase the price and size of the home, as they pool of buyers gets smaller as you go higher. In addition the mortgage rates have been fluttering down closer to 7%, which certainly breeds optimism.

If you are a near future seller, you will be rewarded for the cosmetic condition and preparation of your home. Today's buyers are generally more concerned about getting something of "acceptable or move in ready" value than they are a home that is not ready for them now. It is common for a well cleaned, prepared, and even "softly" staged home to receive 10% or more than a home that is just "thrown out there". For sellers, the loss on their gamble can be significant, we are talking about $40,000-$50,000 less in cash in their pocket after closing for what is mostly "wisely placed elbow grease".


                          - Stieg

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THIS WEEK
IN REAL ESTATE

 
* 51 homes listed for sale
(31 the previous week)

*57 homes to pending status
(42 the previous week)
*80 homes sold (closed escrow)
(28 the previous week)
* 27 median days to pending 
(26 the previous week) 
*$277 ppsqft median sold

($304 the previous week ) 

*ppsqft = price per above ground square foot

THIS WEEK'S Home Sale Data is the last 7 days of the existing home sales: 
 Bloomington, Chanhassen, Chaska, Eden Prairie,
Edina, Hopkins, Minnetonka, & Victoria


Click below for THIS WEEK reports:

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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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