Aug 7, 2007This post is for my fellow Lynnhurst Residents. The market in our neighborhood is still strong. The 55419 zip code is showing continued growth over this time period last year. The average house price rose to $373,400 which is a 7.11% increase over Q1, 2006. Lynnhurst Values and the 55419 zipcode remain at the top of the list of Southwest Minneapolis Neighborhoods for average price and home value appreciation. The number of homes sold in the 55419 zip code for Q1 2007 was 95, which was down 5% from the same time period last year. The average market time is 63 days and the the percentage of asking price that Lynnhurst Home Sellers are seeing is steady at 97.3% (Meaning that sellers are getting an average of 97.3% of their asking price.)Lynnhurst edged out SW Mpls competi...
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