Downtown West Market Trends


Median Sales Price in Downtown West

 

1 yr 5 yr Max
Downtown West median sales prices
Number of sold homes in Downtown West
Neighborhood Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
Downtown West $465,250 +45.2% $247,066 $320,500 $255,250
Minneapolis $201,000 +1.0% $220,000 $199,000 $177,250
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Summary for Downtown West


The median sales price for homes in Downtown West for Nov 14 to Feb 15 was $465,250. This represents an increase of 88.3%, or $218,184, compared to the prior quarter and an increase of 45.2% compared to the prior year. Sales prices have appreciated 82.3% over the last 5 years in Downtown West, Minneapolis. The median sales price of $465,250 for Downtown West is 131.47% higher than the median sales price for Minneapolis MN. Average listing price for homes on Trulia in Downtown West was $547,000 for the week ending Feb 18, which represents a decline of 0%, or $0 compared to the prior week and an increase of 11.4%, or $56,150, compared to the week ending Jan 28. Average price per square foot for homes in Downtown West was $324 in the most recent quarter, which is 58.82% higher than the average price per square foot for homes in Minneapolis.

Average Listing Price in Downtown West

 

Downtown West average property price
Downtown West – number of properties
Neighborhood Week ending
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
Week ending
Jan 28
Downtown West $547,000 0.0% $547,000 $517,133 $490,850
Minneapolis $376,390 +3.0% $365,598 $356,724 $351,461
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Average Price Per Sqft. for Homes in Downtown West

 

1 yr 5 yr Max
Downtown West average price per square foot
Neighborhood Nov - Feb '15 y-o-y 3 months prior 1 year prior 5 years prior
Downtown West $324 -12.2% $293 $369 $252
Minneapolis $204 +65.9% $246 $123 $107
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Popular Neighborhoods in Minneapolis


Neighborhoods Week ending
Feb 18
w-o-w Week ending
Feb 11
Week ending
Feb 4
Linden Hills 1 1 1
Tangletown 2 +3 5 3
Lowry Hill 3 +5 8 8
Lynnhurst 4 -1 3 5
Standish 5 -1 4 7
Loring Park 6 -4 2 2
Stats & Trends
Homes for Sale in Downtown West
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