Property prices for sale in Minnetonka (Minnesota)

The prices in real estate in Minnetonka, in the Minnesota region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$637,638.17
Average price last 6 months
$239.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Minnetonka has increased during the last 6 months. In February, the average price per sq.feet was $227. In the following month the price per sq.feet increased to $258. In the following two months the price per sq.feet has barely changed, going from $242.5 to $244 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $243.25 to $231.5 during June y July

Average price

Based upon to the price in Minnetonka (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $638,681. In March This price remains at $633,213. In the following two months the average price has remained the same with regard to the previous two months from $635,947 to $653,444. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $644,695.5 and $623,523.5 between June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $630,912 they are 69 % more affordable than the average price for Minnetonka. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $526,865.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $211 / sq.feet, with an average $231 / sq.feet price in Minnetonka. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $225 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $630,912 it is 57 % cheaper than the average price in Minnetonka. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $473,579 it is 8 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $198 / sq.feet followed by "House" priced at $226 / sq.feet. "Office" is the most costly type of property with a $384 / sq.feet cost followed by "Commercial" with an average price of $258 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Minnetonka
Number of properties used in region Minnesota
$630,912
$231
2,084
196,968
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value