$9,441 Closing Credit*
$795,000
2,015 SqFt
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Coldwell Banker Realty
Is Bryn-Mawr, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bryn-Mawr has remained a Seller's Market.
Key Takeaway
Bryn-Mawr is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bryn-Mawr, MN
How much do homes in Bryn-Mawr, MN cost?
Median Sold Price
$478,850
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$53,650(-10.1%)
Key Takeaway
Homes in Bryn-Mawr have sold for 10.1% less than they did a year ago.
Summary: The median home sold price in Bryn-Mawr was $478,850 in October 2024, down 10.1% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $399.9K | $349.5K | -12.6% |
| 3 Bedrooms | $527.5K | $450K | -14.7% |
| 4 Bedrooms | $940K | $715.5K | -23.9% |
| 5+ Bedrooms | $730K | $1.3M | +82.9% |
Summary: Bryn-Mawr housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.6%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes decreased by 23.9%, and 5+ bedroom homes increased by 82.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Kenwood | $1.0M | $1.1M | +3.9% |
| Bryn-Mawr | $532.5K | $478.8K | -10.1% |
Housing Supply in Bryn-Mawr, MN
How many homes are available in Bryn-Mawr, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Bryn-Mawr real estate market had 17 homes for sale in October 2024, a 5.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bryn-Mawr housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bryn-Mawr, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bryn-Mawr in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Bryn-Mawr, MN
How long does it take to sell a home in Bryn-Mawr, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 48 Days | -22.1% |
Summary: Homes in Bryn-Mawr had an average of 48 days on market in Oct 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bryn-Mawr are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Bryn-Mawr; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
