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: March Excelsior Home Sales

The 2 new listings in March were lower year over year in Excelsior as a percentage it was down -71.4%. Excelsior had 4 closed sales in March that was higher month over month, up 100%. The Excelsior Real Estate Group was reviewing average home sales prices for the month of March, 2012 they were down ($641,000) dollars over the past month to $554,000. Today we talked about the current housing market, at Excelsior Real Estate Team the latest data on days on the market until sold in March 2012, the percentage was down -88% to 45 days in the past 12 months. With 5.6 months of inventory for sale in Excelsior which was reported March call and expert at,Excelsior Real Estate Group. Excelsior's days of inventory for sale dropped -25% m/m in March we would like to see continue with our Excelsior Real Estate Group. March, 2012 the average median sales price of $290,000 was lower yr/yr in Excelsior it was down ($905)K on average in the past 12 months. Excelsior percent of origional price listed recieved rose 5.2% m/m in March to 90.6% that something we want to see continue, call today to talk to with our Excelsior Real Estate Team.