Pick of the Week – City of Hopkins
By Erin Milburn on Monday, July 21st, 2014
Whether it’s the Hopkins Raspberry Festival or Prince’s “Raspberry Beret,” Minnesota summers always bring out the best of the season’s tastes and sounds. Speaking of Hopkins and of summer, the peak home-buying season has brought renewed demand for homes in this desirable inner-ring suburb. Just minutes from uptown and a bit further to downtown, Hopkins is well-situated and has a lot to offer today’s home buyers.
Though it wasn’t always the case, Hopkins homes are selling for more than the metro area as a whole on a price per square footage basis. The trend started at the beginning of 2008 and hasn’t wavered much. Over the rolling 12-month period ending in June, Hopkins homes are selling for $116 per square foot while Twin Cities homes overall are selling for $109 per square foot. Now who’s looking for hats in second hand stores? (that’s a prince reference)
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Great post and great info as always!