A $1.95 million home took the cake in Minnetonka this year for the most expensive residential real estate to sell. The cheapest, a 742-square foot two-bedroom, sold for $56,000. A 1,296-square foot home on Williston Road was the longest house on the market, taking 805 days to sell.
Below are details on Minnetonka's 2011 real estate extremes:
Shortest time on market
Of the 610 homes in Minnetonka on the market in 2011, 10 of them sold in their first day on the listings. This does not include all the houses sold prior to going on the MLS.
Longest time on market
Condo: 408 Parkers Lake Road #306. This two-bed, two-bath, 1,903-square foot condo was on the market for 1,433 total combined days. List Price: $445,000. Sold Price $395,000.
House: 4808 Williston Road. This three-bed, two-bath, 1,296-square foot house was on the market for 805 days. List Price: $179,900. Sold Price: $160,000.
Condo: 10311 Cedar Lake Road #215. This one-bed, one-bath, 812-square foot condo sold for $23,000. List price was $32,500.
House: 3135 Birch Place. This two-bed, one-bath 742-square foot, one-story home sold for $56,000. List price was $61,900.
Condo: 11460 Fairfield Road W #401. This three-bed, three-bath, 3,024-square foot condo sold for $525,000. List price was $549,000.
House: 2080 Meeting Street. This four-bed, six-bath, 6,901-square foot home sold for $1.95 million. The list price was $2.5 million.