Located in Hennepin County, Maple Grove has a population of about 61,567. According to Wikipedia, Maple Grove serves as the retail, cultural and medical center of the northwest region to the Minneapolis-Saint Paul Metropolitan area. The Shoppes at Arbor Lakes are located in Maple Grove.
From May of 2015 to May of 2016 this is the most up to date information on what is happening in the Maple Grove Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
|Median Sales Price||$243,500||$252,738||+3.8%|
|Days on the market||89||73||-18.0%|
|Months Supply of Inventory||3.2||2.5||-21.9%|
What this means for you if you’re selling your home:
It’s a very good time to sell your home if you live in Maple Grove!
- Interest rates continue at all time lows which means buyers are gobbling up houses faster than we can get them on the market. What a great time to be a seller!
- The median sales price has increased 3% but can fluctuate with the amount of inventory on the market. We may see prices start to rise as demand rises.
- If you have the opportunity to get in the market now, it would be advantageous for you to do so!
See more Statistics on Maple Grove Real Estate Here
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