Known as the Jewel of Lake Minnetonka, Wayzata is a charming lakeside town that offers residents a welcoming atmosphere and a laid back lifestyle. Coupled with a thriving downtown area and a vibrant economy, it’s not surprising that the Wayzata MN real estate market is bursting with life.
Current Wayzata MN Real Estate Market Conditions
In Wayzata, luxury living meets lakeside splendor, which has allowed this community to enjoy a strong and steady real estate market for decades. The median sales price for the Wayzata homes for sale is $940,000 (February 2023), and prices have soared more than 30 percent in the past year. While there are properties available both above and below the median sales price, it’s worth noting that most lake homes in Wayzata will be priced at the higher end of the spectrum.
Finding a Wayzata Lake House for Sale
The homes in Wayzata have a tendency to sell quickly, largely because this is a very desirable community to live in. It differentiates itself from most other Twin Cities suburbs by offering lakefront homes, a small-town feel and incredible modern amenities. Whether you are looking to live full-time in a Wayzata lake house for sale or you are searching for a vacation home in the region, you should hire an experienced local real estate agent, such as Shannon Lindstrom with RE/MAX Results.
Benefits of Hiring a Local Realtor
You should hire a local Realtor because:
- A local real estate agent will be most familiar with the community.
- A local real estate agent can give you expert guidance and insight pertaining to the current property inventory
- A local Realtor will be more willing to provide you with the personalized care and attention that you deserve.
While most markets in Minnesota and across the country are experiencing a slight slump, the Wayzata MN real estate market is thriving. With real estate experts predicting that home prices will continue to rise and competition will increase steadily in the coming months, now is the best time to hire an experienced local real estate agent.
Contact us today for more information about lakeside living in Wayzata.
If you’re looking to buy or sell a home in the Twin Cities, or the surrounding areas, please feel free to call, text, or email Shannon at your earliest convenience.
Shannon Lindstrom, Realtor®, AHWD, CRS, GREEN, MRP, VCA
RE/MAX Results
Direct: 612-616-9714
[email protected]
[email protected]
www.ShannonLindstromRealtor.com
www.ShannonLindstrom.info
