Where sellers get their asking price: Downtown East

  • Updated: May 14, 2012 - 2:14 PM

In the Downtown East neighborhood of Minneapolis, which is situated along the banks of the Mississippi River, sellers got, on average, more than 95 percent of their original list price. That’s 5 percent higher than the average metrowide. This up-and-coming neighborhood that’s sandwiched between Portland Avenue and I-35W is sprinkled with cultural attractions (Guthrie Theater, Mill City Museum) and excellent restaurants. Most of the housing consists of high-end condos in either new buildings, or in rehabbed historic warehouses.

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