




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.
78 days of inventory for sale in December was up year over year in Hopkins as a percentage it was up 5.4%. Many of us at the Hopkins Real Estate Team were talking current market conditions for the month of December 2011, it was down 8.5% vs last year to 93% of list price. In December, 2011 the 17 closed sales were higher month over month in Hopkins up 54.5%. The median sales price in Hopkins for December was $125,000 it was lower mo/mo it was down ($8,300) month over month. Hopkins's new listings dropped -36.8% yr/yr in December that something we are watching, with our Hopkins Real Estate Team. December, 2011 the average number of days a home was for sale in Hopkins was down to 108 days down -8.5% m/m. Hopkins is now at 5.6 months of inventory for sale in December that was lower vs last month, call a local real estate expert from Hopkins Real Estate Team. Average sales price in Hopkins was $160,501 in December that was higher year over year, as a percentage it was up 19.6%.









