Wayzata Home For Sale

As a part of Minnesota’s popular Hennepin County, the community of Wayzata is one of the wealthiest communities in the entire state. Wayzata has a population of more than 4,000 who appreciate everything that the town with a strange name has to offer. Other than the nice homes and beautiful landscaping, one of my favorite things about living in Wayzata is the Adopt a Garden Program. My family has signed up for this program several times because we enjoy taking care of the flowers and other landscaping features to help make our community one that we can be proud of.

Wayzata is a small town with only about 3 square miles of total area. We also have US Route 12 running through our town which makes it easy for commuting and traveling to other areas without the need of going through several interchanges. US Route 12 goes all the way to Detroit to the east and to Grays Harbor in Washington to the west.

Wayzata MN Real Estate Info: Prices of Houses in Wayzata MN

There are many Wayzata MN neighborhoods with homes that are ready to be purchased. Some of the more sought after Wayzata neighborhoods include Wayzata Highlands and Westmarch along with Ferndale Woods. These neighborhoods offer more upscale living with upgraded features and amenities for buyers with larger and more flexible budgets. But you can find more practical homes in Wayzata communities like Wayzata Terrace, Wayzata Heights and Holdridge.

Since Wayzata has a median family income of close to $100,000, even the lowest priced homes in the area are more upscale than in other areas. Homes are priced in the millions of dollars for wealthier residents with the bottom end of the range around $250,000.

Wayzata Real Estate News: March Wayzata Home Sales

March, 2012 the average number of days a home was for sale in Wayzata was down to 283 days it was down -29.3% m/m. Wayzata is now at 10.5 months of inventory for sale in March that was higher vs last year, call a local real estate expert from Wayzata Real Estate Team. In the current real estate market in Wayzata homeowners are receiving, 79.4% from the original list price, which is down from 84.7% a year ago. The average real estate sales price of $632,500 in March was higher y/y in Wayzata it was up absolute $126,722 dollars in the past year. Wayzata closed home sales dropped -22% yr/yr in March that something we are watching with our Wayzata Real Estate Team. March, 2012 the $717,500 avg median sales prices in Wayzata was higher m/m it was up 51.1%. The Wayzata Real Estate Group was talking about new listings for the month of March 2012, they were down -3 houses to a total of 9. Wayzata's days of inventory for sale rose 6.7% m/m in March that something we are watching with our Wayzata Real Estate Group.