As part of Minnesota’s popular Hennepin County, the Hopkins real estate market offers the small town feel which is made up mostly of residential properties and homes. One of the popular places to visit is the Overpass Skate Park. We take our kids there on the weekends to let them practice their skateboarding skills in a fun and safe environment. The facility has more than 18,000 square feet of space and is located under the Highway 169 bypass.
When my wife and I need a night out, we enjoy going to the Depot Coffee House. This popular coffee house opened in 1998 and is a popular place for Hopkins residents to go and have a relaxing evening. In addition to being a coffee house, it also serves as a trailhead for bike trails in the area and a youth community project. It is also available to rent out for business meetings and private parties.
The Hopkins real estate market has many upscale neighborhoods that fall on the more exclusive side for buyers. Interlachen Park and Nine Mile Cover are two of these neighborhoods. Interlachen Park is just a couple minutes away from the Interlachen Country Club and the Meadowbrook Golf Club which offers lush greens and challenging holes for golfers of all skill levels. Other Hopkins neighborhoods include the Parkridge neighborhood and Bellgrove, just to name a few.
The Hopkins real estate market has something offer buyers with various budgets. For the more budget minded buyers, there are many homes that cost less than $100,000. For a more moderate home buying budget, buyers can find homes between $100,000 and $250,000. Finally, for the buyers with a large budget, there are dozens of homes available that are in the $250,000 and above.
Hopkins's days of inventory for sale rose 5% m/m in February that something we are watching at the Hopkins-Real-Estate.Com. The median sales price in Hopkins for February was $135,000 it was lower mo/mo down -17.7%. Average number of days on the market in Hopkins was 141 days in February that was lower year over year, as a percentage it was down -0.7% to 141 days. In February, 2013 we had 22 new listings, that was higher month over month for Hopkins it was up 144.4%. What is the months of supply of inventory for homes for sale in Hopkins? The latest reports of 2.5 months was reported in February, 2013 down -54.5% year vs year. The Hopkins Real Estate Group were talking about average sales prices for the month of February 2013, they were down -23.3%. In the current real estate market in Hopkins homeowners are receiving, 96.8% from the original list pric, which is down from 92.3% a month ago. Hopkins closed home sales dropped -7.3% yr/yr in February that something we are watching at the Hopkins Real Estate Team.