Excelsior Home For Sale

The small community of Excelsior is home to more than 2,000 residents who appreciate the town’s close knit atmosphere. But even though it is a smaller town, that doesn’t mean it doesn’t have things to do. Since the town is situated alongside the banks of Lake Minnetonka, many Excelsior residents enjoy their favorite watersport right out in their backyard almost. My family and I go swimming and water skiing in the lake almost every weekend during the summer and we absolutely love it. During the winter, we have even gone ice skating once the lake has frozen over.

Another great thing about living in an Excelsior home is that fact that State Highway 7 runs through town. This makes it easy to connect to the major highways so I can get to work in St. Paul without fighting through a maze of side streets. It makes for an easy commute and a less frustrating start to each work day.

Excelsior Real Estate Info: Prices of Homes in Excelsior MN

The Excelsior real estate market has many nice family oriented neighborhoods to choose from. The St. Albans Bay Lakeshore neighborhood is one of the more picturesque subdivisions in the city with lakefront property and other features for today’s discerning home buyer, such as close proximity to Minnetonka Country Club and shopping opportunities. Deer Ridge is an Excelsior neighborhood which offers single-family homes just minutes away from Gaplin Lake, Herman Field Park and several schools. Olivewood, Boyer’s Sterling Estates, Hidden Creek Meadows and Bay Shore Manor are just a few of the other Excelsior real estate neighborhoods to check out.

The Excelsior real estate market is tailored for those with a modest home buying budget. The majority of homes are priced below $450,000 but you won’t find too many priced below $250,000. However, if you are looking for something more lavish, there are homes in the $850,000 range and above.

Excelsior Real Estate News: December Excelsior Home Sales

Currently in Excelsior homeowners are getting about 90.9% from the original list price of their home which is up from 0% last year. The Excelsior Real Estate Team were talking about new listings for the month of December (2011), they were down -1 homes to a total of 1. Excelsior is now at 6.6 months of inventory for sale in December that was lower vs last year, our team is ready for your call. Excelsior had 4 closed sales in December that was higher month over month, up 300%. December, 2011 the $342,500 avg median sales prices in Excelsior was lower m/m it was down -11.4%. Excelsior average house sales price rose 0% yr/yr in December that something we want to see continue, call today to talk to with our Excelsior Real Estate Group. Excelsior's days of inventory for sale dropped -30.4% m/m in December we would like to see continue at the Excelsior-Real-Estate.Com. The average number of days rose for real estate has been on the market in December in Excelsior currently it is as a percentage it was up 314.3% to 232 days month vs month.