Edina Realty Alexandria office moves to new location
The Edina Realty office in Alexandria has moved to its new office space. The address of the new office is 2919 State Highway 29 South, Suite 140 (Midway Mall), Alexandria.
The Edina Realty office in Alexandria has 21 realtors who are working with homebuyers and sellers in about a 60-mile radius in and around Alexandria. Their primary areas of specialty are residential and lakeshore property markets.
The Alexandria office currently has a 13 percent share of the market, making it the second largest real estate firm in the area, and it’s growing, according to Mike Munson, managing broker at Edina Realty.
“Our closed sales were up over 36 percent in 2013 versus the previous year, according to the numbers pulled from the Greater Alexandria Area Association of Realtors. The market is still improving and we’re optimistic that it will continue to improve through the winter months,” Munson said.
Homes are also selling slightly faster locally, in just 143 days on average, according to the latest regional numbers from the Minnesota Association of Realtors. However, the number of homes on the market remains a challenge for homebuyers, and the low inventory of homes has fueled fierce competition and multiple offers on desirable, well-priced homes.
“Although prices are rising fast in the short term, we expect growth to moderate in the long term as more homes come on the market and mortgage rates continue to rise. This will lead to a strong, sustainable recovery in the housing market,” Munson said.
For more information on the Alexandria Edina Realty office or the current state of the housing market, contact Edina Realty at (320) 762-8181 or visit http://alexandria.edinarealty.com.
Edina Realty, a subsidiary of Berkshire Hathaway HomeServices, is one of the nation’s largest real estate companies with approximately 55 real estate offices and 2,100 realtors throughout Minnesota and western Wisconsin. Edina Realty’s family of companies includes Edina Realty, Edina Realty Title, and Edina Realty Mortgage.
For more information, visit www.edinarealty.com, m.edinarealty.com, or find them on Facebook: facebook.com/EdinaRealty; and Twitter: Twitter.com/Edina_Realty.