The Minneapolis Area Association of Realtors recently released 2006 data for Median Sales Prices in various areas of the Twin Cities and surrounding areas. Below is a breakdown of Minneapolis specific neighborhoods according to the Multiple Listing Service, including the percentage increase in sales price since 2000.

  • Calhoun – Isles : the average sales price for 2006 was $263,590, an increase of 19.9%
  • Camden : the average sales price for 2006 was $164,000, an increase of 72.6%
  • Central : the average sales price for 2006 was $270,000, an increase of 84.9%
  • Longfellow : the average sales price for 2006 was $207,500, an increase of 66.1%
  • Nokomis : the average sales price for 2006 was $225,000, an increase of 60.8%
  • North : the average sales price for 2006 was $153,000, an increase of 93.9%
  • Northeast : the average sales price for 2006 was $210,000, an increase of 62.8%
  • Phillips : the average sales price for 2006 was $191,580, an increase of 122.9%
  • Powderhorn : the average sales price for 2006 was $183,700, an increase of 67.0%
  • Southwest : the average sales price for 2006 was $287,000, an increase of 57.1%
  • University : the average sale price for 2006 was $240,000, an increase of 62.2%

Please know that these amounts include all single family detached homes, all condominiums, and also twin homes.

If you would like to know how another area or town compares, please either comment below or send me an email request!

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