The Advisor May 2021
ENGEL & VÖLKERS RYAN PERTILE
®
2021 continues to be an unprecedented year in many ways. The covid19 pandemic continues to push on and infuse uncertainty into everyday life. Hope abounds with the number of people vaccinated continuing to climb. The civil unrest in the United States, especially in our home state of Minnesota weighs heavily on us all. We, the Ryan Pertile Group, stand for equality and respect for all. We continue to put love and understanding out into the world and will keep pushing for a better future for us all. The market has been a reliable highlight in a world of tumult. Inventory continues to be a challenge, but with the right representation, there are great opportunities! Many people are under the misconception that the job of a selling agent is easy in today’s market. I could not disagree more. The important thing is to stand out to reap the most rewards on a property. Marketing is key and not all agents are the same. We take great pride in immaculate marketing strategies to secure optimal results for all of our clients.
Upcoming Event: Golf For Good We are always looking for ways to give back to our community. Our annual event, Golf For Good, supports Special Olympics Minnesota. Interested in learning more? Visit the website, or give me a ring! https://www.evgolfforgood.com/
Featured Listings: 16678 7th St S. Lakeland, MN - IN CONTRACT Last Ask: $3,395,000 Days to secure a contract - 18 (average for price point = 210 days) 1240 S 2nd St. #403 - Minneapolis Last Ask: $575,000 2 Bed + Office, 2 Bath, 1407 Sq. Ft.
Buyer Needs:
The market supply is at an all-time low and we have a number of clients in search of their dream home. Reach out if you know anyone (maybe even you!) whose homes fit these criteria and have been considering selling. We’d greatly appreciate it!
1. Downtown Minneapolis - Mill district $1.75Mil 2 bed | 2 baths | 2 parking stalls Preferably riverview - if not, city view
5. South to West Metro Single-family home with high ceilings & open floor plan 4 bed | 3 baths | 2 car garage Up to $800,000
2. Fully Recreational Lake property Within 25 min of St. Paul or on Lake Riley 3+ bed | 2+ bath | 2 Car Garage Yard is a must! Up to $800,000 for move-in ready / $500,000 for fixer-upper
6. St Paul - Summit Ave 4+ bed | 2 bath| 2 car garage Charm & character preferred Up to $700,000 for move-inready/ Fixer Upper for up to $500,000
3. St. Paul - Single Family Home 3 bed | 1 bath | 1 garage Up to $275,000 4. West & Southwest Metro 4 bed | 2 baths | 2 car garage Up to $750,000
7. West Suburbs 4 bed | 2 baths | 2 car garage Prefers a non-traditional home or unique characteristics. Needs to be move-in ready. Up to $700,000
Current Market Stats New Listings = -12.1% Closed Sales = +3.0% Avg. Days on Market = 38 days Avg. Sales Price = +12.9% % of Original List Price = 102% Inventory of Homes For Sale = -51.1% Month Supply of Inventory = .9 Months
*Citation: “Monthly Indicators” by Minneapolis Area Association of Realtors, March 2021
RYAN PERTILE TELEPHONE +1 612-805-0059 E-MAIL RYAN.PERTILE@EVREALESTATE.COM ENGEL & VÖLKERS MINNEAPOLIS 1601 HENNEPIN AVE • MINNEAPOLIS • MN 55403