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FEB '22 πŸ—ž Selling Twin Cities with Demyan

πŸ—ž Welcome to Your Monthly Dose of Real Estate!

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πŸ“Š Market Update

Home seller profits increased in more than 90% of housing markets last year, the highest level since 2008, according to ATTOM Data Solutions’ Year-End 2021 U.S. Home Sales Report. On average, sellers saw a profit of $94,092 on a typical median-priced home in 2021, an increase of 45% from 2020 and up 71% from 2019. Sellers saw a 45.3% return on investment compared to the original purchase price, with the highest profits found among sellers in western states. In the Twin Cities region, for the week ending January 29: β€’ New Listings decreased 17.8% to 850 β€’ Pending Sales decreased 12.8% to 826 β€’ Inventory decreased 21.2% to 4,432 For the month of December: β€’ Median Sales Price increased 7.9% to $331,270 β€’ Days on Market decreased 12.8% to 34 β€’ Percent of Original List Price Received decreased 0.2% to 99.5% β€’ Months Supply of Homes For Sale decreased 18.2% to 0.9

🀩 Featured Listing

Check out our AMAZING listing in Lakeville, MN. You will love this modern detached townhome. This open concept home offers a spacious main level with lots of large windows bringing in natural light, Custom cabinets and floating shelves in the living room. The kitchen is equipped with beautiful quartz kitchen island, stainless steel hood, LG Refrigerator and Sharp Drawer Microwave. Beautiful backsplash, white cabinets with accents of brass, can’t go wrong with this combo! The upper level offers 3 bedrooms, private master suite with walk-in shower and walk-in closet & a large loft and laundry The lower level is complete with family room, beautiful fireplace, 4th bedroom and bath. The community is association maintained for lawn and snow care. The best part is this home is located in the Spirit of Brandtjen Farm neighborhood, offering two club houses, 2 pools, work out facilities, walking & biking trails - this neighborhood is just stunning!

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VIDEO

πŸ’πŸ»β€β™‚οΈ Real Estate Explained

Do you often wonder 'What are comparable sales in real estate?"

πŸ›‹ Design Ideas for your home

A room filled with new furniture may not be in your budget right now, but you can still make big (and awesome) changes to your home. Paint color is the easiest and least-expensive way to update your home. An accent wall is the most popular way to make a big color statement in any room, but there are other ways to make a colorful update.

🏑 What is my home worth?

πŸ€” Wondering what your home is now worth? Plug in a few details and give me a call to discuss. Now is the perfect time to sell!

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A glimpse into my Life

Last month we had the pleasure to take a vacation to the beautiful US. Virgin Islands in St. Thomas. I can’t rave enough about this place! We stayed at an Airbnb right on Sapphire Beach. Waking up to the sound of waves and the beautiful sunrise was very relaxing. We explored many gorgeous beaches on the island, such as Magens Bay. We also took a ferry to St. Johns Island and found even more amazing spots: Trunk bay beach and Maho Bay beach. The water was incredible... very clear & calm. It felt like we were in a movie, it was beautiful. Our favorite part about this trip was definitely watching our son, Milan, explore this new world and play in the sand/water - so many smiles and laughs during this trip. If you’re thinking about taking a vacation and would like recommendations, feel free to reach out and I’d be happy to fill you in on some of our favorite spots!

I look forward to hearing from you and I am already looking forward to next month's newsletter! - Demyan & The Trofimovich Group eXp Realty

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