




If you are looking for an upscale community within the Twin Cities metropolitan region, the Mendota Heights real estate market is for you. Mendota Heights, MN is one of the wealthiest communities in the nation which is one of the reasons it drew me and my family to the town. We were looking for an upscale community and we found it in Mendota Heights. We appreciate the feeling of community here with the many events that go on. Every Independence Day, we watch the town’s fireworks show which is always spectacular. We also participate in the bonfire that occurs every Halloween in the community.
And of course, what upscale community would be complete without a couple lush green golf courses. My favorite is the Mendota Heights Par 3 Golf Course with more than 1,200 years of trees and greens for all levels of golfers to enjoy.
Discerning home buyers will appreciate the Mendota Heights neighborhoods. Communities like Boardwalk Court and Abbey Way are popular for families but there are also condominium complexes available as well. The Eagle Point Condo community is just a couple minutes away from the Mendakota Country Club and it is within walking distanced of many schools, including Friendly Hills Middle School, Mendota Elementary School and Highland Park Senior High School.
Despite its upscale surroundings, there are some homes in the Mendota Heights MN real estate market that can be purchased for less than $100,000. There are many homes in the $100,000 to the $200,000 price range as well as a good selection of more lavish offerings in the $800,000 to $900,000 range and above.
Mendota Heights median sales prices of real estate rose 4.6% mo/mo in December that something we encouraged to see at the Mendota Heights Real Estate Group. Average sales price in Mendota Heights was $276,167 in December that was higher year over year, as a percentage it was up 5.7%. The 7 new listings in December were lower year over year in Mendota Heights it was down -2 homes. What are people receiving as a percent of original list price in Mendota Heights? In December of 2011 the average was it was down -5% vs last year to 85% of list price. The Mendota Heights Real Estate Group were talking about the total number of homes that closed for the month of December 2011, they were up 300%. What is the months of supply of inventory for homes for sale in Mendota Heights? The latest reports of 6.8 months was reported in December, 2011 it was down -34.6% m/m. 62 days of inventory for sale in December was down year over year in Mendota Heights down -10.1%. Average number of days on the market in Mendota Heights was 139 days in December that was higher m/m, as a percentage it was up 135.6% to 139 days.









