Market report, updated November 9, 2026

North Bay 2nd Add Home Values and Market Report

Search in the subdivision of North Bay 2nd Add

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Report prepared by Lifeintwincities.com RE/MAX Results

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Market at a glance

Over the last 12 months, homes sold for 100.0% of list price in 108 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $382K Sold · $379K

$440K$390K$340K$290K

NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

0 N

1 D

0 J

0 F

0 M

1 A

0 M

0 J

2 J

0 A

0 S

0 O

Peak: 2 sales in Jul. Last month: 0.

Where the market stands

All homes in this report, by status.

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.0months of inventory

Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$575K

Under contract$640K

Sold$372K

Average days on market

Active13 days

Under contract52 days

Sold108 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale

Homes for sale 1

Average list price $574,900

Avg. days on market 13 days

Avg. price per ft² $333

Avg. living area 1,722 ft²

Avg. beds / baths 2.0 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 1 home plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

1 0–30 days

0 31–90

0 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

1 ≤3 bd

0 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 1 home in this status.

162 Lakeview Road E$333

All active listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
162 Lakeview Road EChanhassen, MN 55317	2	2	1,722	$574,900	$333	13 days

Under contract homes

Pending and contingent sales

Homes under contract 1

Average list price $639,900

Avg. days on market 52 days

Avg. price per ft² $370

Avg. living area 1,725 ft²

Avg. beds / baths 2.0 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$900K$600K$300K$0

Price vs. living area: 1 home plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

Days on market before going under contract

Number of homes by days on market.

0 0–30 days

1 31–90

0 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

1 ≤3 bd

0 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 1 home in this status.

130 Lakeview Road E$370

All under contract listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
130 Lakeview Road EChanhassen, MN 55317	2	2	1,725	$639,900	$370	52 days

Sold homes

Closed in the last 12 months

Homes sold 4

Average sold price $371,587

Avg. days to sell 108 days

Sold vs. list price 100.0%

Avg. price per ft² $239

Avg. living area 1,554 ft²

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 4 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes took to sell

Number of homes by days on market.

0 0–30 days

2 31–90

2 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

4 ≤3 bd

0 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 4 homes in this status.

8716 N Bay Drive$247

179 Lakeview Road E$246

8727 N Bay Drive$235

8728 N Bay Drive$229

Sold price vs. list price

How close homes sold to their asking price.

75% sold at or above asking

0 Under 95%

0 95–98%

1 98–100%

3 100–102%

0 Over 102%

All sold listings

Click a column to sort

Address	Beds	Baths	Living ft²	Sold price	Sold / list	$ / ft²	Days to sell
8728 N Bay DriveChanhassen, MN 55317	3	2	1,918	$441,000	98.0%	$229	87 days
8727 N Bay DriveChanhassen, MN 55317	2	2	1,349	$317,100	100.7%	$235	51 days
8716 N Bay DriveChanhassen, MN 55317	2	1	1,224	$303,250	101.3%	$247	153 days
179 Lakeview Road EChanhassen, MN 55317	3	2	1,726	$425,000	100.0%	$246	142 days

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.