“The Pricey Side of the Twin Cities” StarTribune on Medina

In today’s StarTribune there’s an article on housing in Medina. The Strib reports that of the 73 homes for sale in Medina, 20 of them are over 1 million.

If you back out the condos for sale in Uptown Hamel, there actually are 54 homes – including townhomes/twinhomes – presently for sale in Medina. 21 of those homes are priced at $995,000 and higher. Here’s a list of the homes for sale.
Based upon some analysis I recently conducted for the 1st half of ’06 vs. ’05, the average price of a home in Medina is up 18%. As developments such as Wild Meadows, Bridgewater at Lake Medina, and Belle Terra, Medina Meadows at Keller Estates, the average price of a home in Medina should stay high.

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