I would consider $800,000 the start of the "high end" in Minneapolis. The most expencive homes in Minneapolis proper are clustered around the City Lakes, Harriet, Calhoun and Isles, and also include the highend condo market downtown. There are many homes currently for sale from $1-1.4 million but the field narrows from there. Edina and suburbs farther west i.e. Minnetonka, Wayzatta have more quantity at and above this range.
Joel is right the record was set last week by our own office, Sotheby's Realty (hat tip to Jeff Hornig on that sale).
http://www.startribune.com/local/59685772.html?elr=KArks:DCi
Ben Kolkman
REALTOR, Sotheby's Realty
- Tue Sep 22 2009, 07:51