




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 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.
In March, 2012 the 29 closed sales were higher year over year in Chanhassen it was up by9 houses. The median sales price in Chanhassen for March was $357,000 it was higher mo/mo up 82.4%. The Chanhassen-Real-Estate.Com were talking about average sales prices for the month of March 2012, they were up $73,729 dollars yr/yr to $362,235. In the current real estate market in Chanhassen homeowners are receiving, 94.4% from the original list pric, which is down from 91.1% a month ago. With 4.7 months of inventory for sale in Chanhassen which was reported March call and expert at,Chanhassen Real Estate Group. Chanhassen is now at 154 for numbers of days on market until sold in March that was higher vs last month, it was up absolute 12 days. Chanhassen new listings rose 18% mo/mo in March that something we are watching and concerned about, with our Chanhassen Real Estate Team. Often we discuss the real estate market, at Chanhassen Real Estate Team the latest data on days on the market until sold in March 2012, the percentage was down -26.7% to 118 days in the past 12 months.











