




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 average real estate sales prices dropped -16.9% mo/mo in March that something we are monitoring and talking about at the Mendota Heights Real Estate Team. The Mendota Heights Real Estate Team were talking about new listings for the month of March (2012), they were up 0 homes to a total of 17. Mendota Heights'smonths of inventory/supply for sale dropped -16.7% yr/yr in March we to see it continue to go lower . The 11 closed sales in March was higher month over month in Mendota Heights it was up 2 homes. March, 2012 the average median sales price of $277,548 was higher yr/yr in Mendota Heights it was up 15.6%. 66 days on the market until sold in March was down vs last month in Mendota Heights as a percentage it was down -1.5%. Average number of days on the market in Mendota Heights was 216 days in March that was higher m/m, it was up 67.4% to 216 days in the past month. In the current real estate market in Mendota Heights homeowners are receiving, 88.6% from the original list price, which is down from 93.8% a year ago.











