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: December Wayzata Home Sales

Wayzata closed home sales rose 220% yr/yr in December that something to watch at the Wayzata Real Estate Group. Wayzata is now at 8.1 months of inventory for sale in December that was lower vs last year, call a local real estate expert from Wayzata Real Estate Team. In Wayzata the average days on the market declined -4.1% yr/yr to 164 in December that we would like to see continue with our Wayzata Real Estate Group. December, 2011 the average median sales price of $725,000 was higher yr/yr in Wayzata it was up $295,000 on average in the past 12 months. The Wayzata Real Estate Team was reviewing average home sales prices for the month of December, 2011 they were up $241,083 dollars mo/mo to $671,083. The 3 new listings in December were lower month over month in Wayzata it was down -2 houses. What is the current inventory for homes for sale in Wayzata? The latest reports of 39 days was reported in December, 2011 it was down -9 days m/m. In the current real estate market in Wayzata homeowners are receiving, 87.5% from the original list price, which is down from 89.4% a year ago.