




As part of Minnesota’s Hennepin County, the Mound real estate market is home to many resident who enjoy living in the birthplace of the Tonka truck. Mound has also been given the nickname “City of All Seasons” because it offers a number of parks that families and friends can enjoy throughout the entire year. Mound offers more than 20 parks and my family’s favorite is Mound Bay Park. This park sits alongside Lake Minnetonka and it offers beach areas for relaxing, park pavilions for picnics and boat launches and play areas. It’s a place the entire family can enjoy.
As for schools, there are several quality schools to choose from and they are all rated rather highly. Our children attend the Westonka Public Schools but there are many other schools like the Grandview Middle School, Hilltop Primary School and several private schools as well. There are even adult enrichment classes, GED classes and senior citizens programs offered through this school system for lifelong learning opportunities.
Are you looking for a home in the Mound real estate market? If so, there are several options to choose from. Some of the Mound neighborhoods include Langdon Bay, the Village by the Bay Townhomes, the Villas on Lost Lake, Woodcrest and several others. Many of these homes have lakefront property for easy and quick access to area lakes. There are also a number of new Mound housing developments in the planning and building stages to help accommodate the number of new residents moving into the community lately.
The Mound real estate market has several opportunities to fit any budget. There are dozens of homes priced below $150,000. The majority of the available Mound homes for sale are priced between $150,000 and $600,000 and there are several that are even more upscale than that. Depending on your budget and your family’s needs, the Mound real estate market has something to fit with your house searching needs.
In the current real estate market in Mound homeowners are receiving, 92.9% from the original list pric, which is down from 85.7% a month ago. Mound is now at 101 for days of inventory for sale in March that was lower vs last year, as a percentage it was down -26.8%. We at Mound-Real-Estate.Com was reviewing average home sales prices for the month of March, 2012 they were down ($118,958) dollars mo/mo to $148,252. March, 2012 the average median sales price of $131,500 was higher yr/yr in Mound it was up 10.5%. The 28 new listings in March were lower year over year in Mound it was down an absolute -2 houses. Mound closed sales rose 70% mo/mo in March that something we are watching and encouraged about with our Mound Real Estate Team. What is the months of supply of inventory for homes for sale in Mound? The latest reports of 7.1 months was reported in March, 2012 down -2.7% year vs year. Often we discuss the real estate market, at Mound-Real-Estate.Com the latest data on days on the market until sold in March 2012, the percentage was up 9.8% to 202 days in the past 12 months.











