Chanhassen Home For Sale

As one of the upper middle class towns in the Twin Cities region, the Chanhassen real estate market is one that caters to discerning buyers. It has about 23,000 residents and there are more than 30 parks scattered throughout the community. I enjoy the fact that there is about 55 miles of walking trails throughout Chanhassen which means I can get my exercise in each morning without always using the same trail.

We also chose the Chanhassen real estate market as our new home because of the nice neighborhoods and schools. Our younger kids attend the Bluff Creek Elementary School but there are several schools throughout Chanhassen, including Jonathan Elementary School, Clear Spring Elementary School and Scenic Heights Elementary School, just to name a few.

Chanhassen Real Estate Info: Prices of Homes in Chanhassen MN

Chanhassen neighborhoods have a variety of homes for today’s home buyer. Many of these neighborhoods are condominium communities, including the beautiful Arboretum Village which is just minutes away from area lakes like Lake Lucy and Lake Ann. Mountain, which is a scenic subdivision with landscaped lawns and other picturesque features, is situated near area schools as well as Glen Lake Golf and Practice Center which is ideal for the avid golfer in the family.

The prices of the homes in the Chanhassen real estate market reflect the city’s upper-middle class residents. While you can find condominiums and single-family homes priced in the $100,000s, the majority of homes are going to be in the more upscale price ranges. The more lavish homes that sit on several acres of land and surrounded by the area’s lakes can cost in the low millions. Many of these homes and condos were built in the 2000s though, so you can enjoy some o f the newest features and amenities that are available.

Chanhassen Real Estate News: December Chanhassen Home Sales

Chanhassen is now at 132 for days of inventory for sale in December that was lower vs last year, it was down an absolute -35 days. In Chanhassen the average days on the market rose 27% yr/yr to 127 in December that something we are concerned about with our Chanhassen Real Estate Group. The median sales price in Chanhassen for December was $250,400 it was higher mo/mo it was up$5,400 in December vs November. Chanhassen saw 27 new listings in December that was lower year over year, it was down an absolute -3 houses. What are people receiving as a percent of original list price in Chanhassen? In December of 2011 the average was it was down -1.9% vs last year to 90.1% of list price. Chanhassen closed sales dropped -24.4% mo/mo in December that something we are watching and concerned about with our Chanhassen Real Estate Group. What is the months of supply of inventory for homes for sale in Chanhassen? The latest reports of 4.1 months was reported in December, 2011 it was down -29.3% m/m. We at Chanhassen-Real-Estate.Com were talking about average sales prices for the month of December 2011, they were up $34,622 dollars over the past year to $388,822.