Mill District Listing Update for May 4, 2011
Wednesday, May 4, 2011 at 12:18PM | by David Tinjum We’re back down to 72 Acitve Listings in the Mill District…last week we were up to 80! The second link below will show those 8 that have moved to pending along with a short report of all area "solds" in past 6 months. This week you'll see several sellers have recently adjusted prices to correct for demand…click below to see reductions at Zenith, Riverwest, Bridgewater, the Carlyle and 607 Washington. Don't be alarmed: this doesn't mean all is going to that devilish place in a hand basket! It simply means sellers still need to control expectations, but well priced homes are moving and will continue to do so. Then again…some recent sales defy comparison. Where, but in a premier riverfront location like Humboldt or Stone Arch Lofts, can a one bedroom home sell for $600,000 or a 2 bedroom for a million…give or take a "little"? There's no place like the Mill District!
Mill District Activity last week...
All Open Listing in the Mill District...
This Mill District Update is provided by Holly Holt with The Cynthia Froid Group located in the Mill District of Downtown Minneapolis.
