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Medicine Lake Market Trends

Today, December 20, 2009

Medicine Lake Summary

The median sales price for homes in Medicine Lake MN for Jan 09 to Mar 09 was $666,000. This represents an increase of 0%, or $666,000, compared to the prior quarter and an increase of 6.8% compared to the prior year. Sales prices have appreciated 22% over the last 5 years in Medicine Lake.

The average listing price for Medicine Lake homes for sale on Trulia was $699,000 for the week ending Dec 08, which represents an increase of 2.4%, or $16,667, compared to the prior week and an increase of 2.4%, or $16,667, compared to the week ending Nov 17. Average price per square foot for Medicine Lake MN was $338, a decrease of 30.2% compared to the same period last year.

 
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Homes for Sale in Medicine Lake

126 Peninsula Road, Medicine Lake MN
126 Penins…
$899,000
3 br  2 ½ ba
100 Peninsula Road, Medicine Lake MN
100 Penins…
$499,000
5 br  2 ½ ba
1342 South Shore Drive, Medicine Lake MN
1342 S Sho…
$249,000
 
267 Peninsula Road, Medicine Lake MN
267 Penins…
$649,000
3 br  2 ba
 Peninsula Road, Medicine Lake MN
Peninsula…
$705,379
4 br  2 ba
View all Medicine Lake Homes for Sale
 
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Medicine Lake

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Plymouth
$254,000
$366,076
New Hope
$149,750
$190,848
Hopkins
$184,500
$270,388
Minnetonka
$225,000
$467,429
Crystal
$152,500
$170,822
Robbinsdale
$161,000
$191,830
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Advice

Recent Q&A in Medicine Lake, MN

Q: How much will it cost to move from Plymouth, MN to Madison, WI? 3 answers
Q: How does a short sale or foreclosure impact you financially/legally? 3 years ago, we bought a loft in North Loop/Mpls for $300,000. 4 answers
Q: does the noise from the train passing near the seven greens neighborhood in plymouth, mn disturbing? how many times does it pass in a day? 2 answers
Q: Is Newton Ave N, minneapolis minn. (Willard-Hay) a nice area to live? 15 answers
Q: What should I charge to clean foreclosed homes? 3 answers

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Nearby Cities Real Estate

  • Plymouth Real Estate
  • New Hope Real Estate
  • Hopkins Real Estate
  • Minnetonka Real Estate
  • Crystal Real Estate
  • Robbinsdale Real Estate

Nearby Cities Sold Homes

  • Plymouth Sold Homes
  • New Hope Sold Homes
  • Hopkins Sold Homes
  • Minnetonka Sold Homes
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Nearby Cities Home Prices

  • Plymouth Home Prices
  • New Hope Home Prices
  • Hopkins Home Prices
  • Minnetonka Home Prices
  • Crystal Home Prices
  • Robbinsdale Home Prices

Medicine Lake Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Medicine Lake real estate market. Find Medicine Lake properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Medicine Lake average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Medicine Lake housing statistics are available for each Medicine Lake, MN neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.