Looking to buy a luxury home in Minneapolis? Well, the place to be is Lake Minnetonka. The most active price range of 2007 has been the $1-2 Million market and is the most affordable for the area.1 Million - 2 Million : Finally the most active luxury price range is stopping to take a breath. There are currently 135 active listings, down one from last month. The total real estate waiting to close is 17 homes. Eleven of the homes from last month successfully closed.2 Million - 3 Million : This price bracket also saw an increase in homes listed for sale, currently at 49 active listings, four more than last month. As each month goes by for 2007, more homes get listed than are selling. There are now six homes waiting to close, with one sale reported for June.3 Million - 5 Million : The upper... 07/05/2007

Looking to buy a luxury home in Minneapolis? Well, the Metro areas most expensive lake to live on , Lake Minnetonka, is probably the most popular location for high-end homes. The most active price range of 2007 has been the $1-2 Million market. With so many choices, it is quite a task to decide on which home to buy. Don't worry, if you can afford this price range, you can choose to be picky.1 Million - 2 Million : Spring is the season for listing and this month did not disappoint, being better than April. There are now 136 active listings, up 5 homes from last month. That's a lot of homes considering the price range! Seven more homes were added to the pending pile, bringing the total to 16 homes waiting to close. Ten of the homes from last month successfully closed in May, the most so f... 06/04/2007

If you are looking to buy or sell a home in Minnetonka, it appears that the market is letting us know a little secret. Homes currently priced between $1 - 2 Million are selling like hotcakes. Well, maybe not that fast, but more homes are selling in this upper-tier range than any other. There are many types, styles, and sizes to choose from so get out there and buy your new home!1 Million - 2 Million : Spring is the season for listing and this month did not disappoint.. There are now 131 active listings, up 31 homes from last month. That's a lot of homes considering the price range! In addition, eight more homes were added to the pending pile, bringing the total to 19 homes waiting to close. Five of the homes from last month successfully closed in April.2 Million - 3 Million : This price... 05/02/2007

If you are thinking about living on Lake Minnetonka, make sure you bring your checkbook, trust accounts, inheritance, and anything else you can think of to finance the homesite. But sometimes price just doesn't matter once you've see the sunrise over the crystal blue waters, or heard the birds chirping and the breeze whistling through the trees.So if you plan on buying or selling in the Lake Minnetonka area, here is a breakdown of market statistics for the month of March:1 Million - 2 Million : Spring must be here as there was a dramatic increase of listings this past month. There are now 113 active listings, up 17 homes from last month and 32 more than January. In addition, six more homes have gone pending, bringing the total to 16 homes waiting to close. Two of the homes from last mon... 04/01/2007