Deephaven Home For Sale

With only about 3,000 residents in the Deephaven real estate market, this town located along the banks of Lake Minnetonka is ideal for buyers looking for a small town atmosphere. The majority of Deephaven residents are in the upper middle class range and the homes reflect that as well. The Cottagewood neighborhood is where my family lives and we love it because it is right next to the Deephaven Elementary School where our daughter goes.

Another great thing about the Cottagewood neighborhood is that it is right next to the Meadowwoods Golf Course. I can simple walk to the course to enjoy an afternoon on the links in the cool Minnesota breeze. It’s one of my favorite things to do in Deephaven and I’ve been able to knock a few strokes off my game since we moved here just a few years ago.

Deephaven Real Estate Info: Prices of Homes in Deephaven MN

The neighborhoods in the town of Deephaven are known for their lakefront property and suburban atmosphere. Many of the neighborhoods are priced in the upscale range because they sit alongside Lake Minnetonka. Cottagewood is one of the more popular and sought after Deephaven neighborhoods with its close proximity to Deephaven Elementary School and Meadowwoods Golf Course. You can also find great housing options along Lakeview Drive, Woodhaven Place and Linwood Road.

Because of the upper class lifestyle enjoyed in the Deephaven real estate market, few homes are available for less than $200,000. The price range typically begins in the mid $200,000 range and goes into the millions for customized homes with lakefront property and the latest features and amenities. Many of these homes were built prior to the 20th century and they have been completely renovated to fit the needs of today’s home buyer.

Deephaven Real Estate News: March Deephaven Home Sales

March, 2012 the average median sales price of $575,175 was higher yr/yr in Deephaven it was up 12%. The Deephaven Real Estate Group were talking about new listings for the month of March (2012), they were down -1 houses to a total of 8. The average number of days declined for real estate has been on the market in March in Deephaven currently it is it was down -7% to 187 days yr/yr. In the current real estate market in Deephaven homeowners are receiving, 92.1% from the original list price, which is down from 100% a month ago. Deephaven-Real-Estate.Com were talking inventory of real estate for sale for the month of March 2012, it was up m/m 3%. The average home sales price in Deephaven for March was $575,175 it was higher mo/mo up 47.9%. Deephaven is now at 8.5 months of inventory for sale in March that was higher vs last year, our team is ready for your call. Deephaven closed sales rose 110% mo/mo in March that something we are watching and encouraged about with our Deephaven Real Estate Group.