Once again predictions that the luxury condo market would take off as new projects open their doors remain just that predictions. For the third year in a row, top prices have remained steady, consistent, even boring.
Correction: The list of the top 10 condominium sales in Minnesota has been revised to insert a new No. 9 and to correct listing and selling agents on Nos. 3 and 10. The story is revised to update the number of top sales in Wayzata.
This seemingly endless pandemic has had some folks searching for wide open spaces, where houses have gyms, room for dogs and gardens and gourmet kitchens for making bread. Still, many people still are opting for the convenience of condominium living.
And many of those opting for high-end condos are buying in Wayzata, according to the Finance & Commerce list of the top condo sales in Minnesota. The top sale on the list is a $3.7 million unit in The Landing Hotel & Residences at 935 Lake St. E.
Eight of the top 10 condo sales in Minnesota this year were in the small Lake Minnetonka suburb. Five sales share the same address, where the 18-unit Wayzata