Medina, MN is home to many very nice neighborhoods including Bridgewater, Foxberry Farms, Tuckborough, Northridge Farms and the luxury town homes at Medina Highlands. But Wild Meadows is truly the premier luxury neighborhood located in Medina, MN which is in the northwest suburbs of Minneapolis. The neighborhood consists of a north end and a south end. The south end was mostly built out between 2002-2009 with the bulk of the custom homes built between 2003-2007. For the most part, the south end consists of homes priced under $1.5 million although there were a few that sold for more than that when they were built. The north end has larger lots and is even more exclusive. The homes were built for $1.5 million to approximately $4 million. These two neighborhoods, while both called Wild Meadows, really are broken up in to a north and a south end. The luxury development is in the high demand Wayzata School District.
Below is a chart that graphs the average prices for homes sold in Wild Meadows South from 2002-2010. There have been no closed sales reported so far this year in 2011. All data has been pulled from the NorthstarMLS which is the system we use in the Twin Cities metro area. Most of these homes are all highly customized so it can be a challenge to compare one to another for an exact comparison.
(Click on image to enlarge)