Phillips West · Minneapolis, MN

Is Now a Good Time to Sell in Phillips West, Minneapolis?

The median home in Phillips West sells for $236,250 with prices down 21% year-over-year. Ridley's flat fee saves you $3,589.

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Phillips West Real Estate Market Conditions

46out of 100

Ridley Sell Score

How it's scored →

Cooling

46/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Phillips West market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Minnesota average is 2.9.

Price MomentumFavors buyers

Prices down 20.58823529% year-over-year — vs. -0.8% statewide.

Seller LeverageFavors buyers

Homes selling at 94.06% of asking — buyers are negotiating 5.9% below list. Minnesota average is 98.4%.

Bidding ActivityNeutral

25% of homes selling above list price — 8% above the Minnesota average of 23.1%.

Sale SpeedFavors buyers

112 median days on market — 55 days slower than the Minnesota average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 33.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Minnesota average is 27.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$236,250

-21%

Days on Market

112

Price per Sq Ft

$145

Sale-to-List Ratio

94.06%

Homes Sold

4

Sold Above List

25%

Source: public market records

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Minneapolis — delivered monthly.

Your savings

How much can you save selling in Phillips West?

$0Estimated savings

That could furnish your new living room — save 1.5% of your home value

$236,250

$50,000$10M

Traditional Agent (3%)

$7,088

Ridley Pro (flat fee)

$3,499

Ready to sell in Phillips West?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Phillips West

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$7,088$3,499$999
Buyer agent$6,6152.8% avg$4,725~2% avg$4,725~2% avg
Closing costs (~1.5%)$3,544$3,544$3,544
Total cost$17,247$11,768$9,268
You save$3,589$6,089

Based on the Phillips West median home price of $236,250. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Phillips West

A flat fee of $3,499 instead of the typical $7,088 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Phillips West market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Phillips West buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $3,589 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Phillips West

Ready to sell in Phillips West?

Save $3,589

Get Your Selling Strategy