EDINA, MN—JUNE 28, 2017 – Edina Realty, a Berkshire Hathaway affiliate and the largest residential real estate company in Minnesota and western Wisconsin, announced that it is expanding into the Mankato market with an office located at 313 North Riverfront Dr.
Edina Realty president and CEO Greg Mason said the company has been looking for the right opportunity to open an office in the Mankato area for more than a year. “Mankato is a growing area, and we’ve had our eye on it for some time,” said Mason. “We’re confident that we’ve found the right fit and are pleased to welcome Vonda Herding, who will be managing broker of the location, and her agents, formerly with Real Living Home to Home Realty, to the Edina Realty family,” Mason said.
According to the Realtor Association of Southern Minnesota (RASM) MLS, the average sales price of a home in Mankato is up 5.4 percent over May 2016 to $219,438 and closed sales YTD are up 5.2 percent. There are 11.6 percent fewer homes on the market this May than there were one year ago. Sellers are receiving 97 percent of their list price compared to 95 percent in 2016.
“I’ve lived in the Mankato area for 30 years and am excited about the opportunity to join Edina Realty’s large network of agents and benefit from the company’s robust technology, resources and support,” Herding said. She has 25 years of real estate experience with 16 of them as a franchise broker/owner. Herding holds a bachelor’s degree from Minnesota State University, Mankato in business administration and speech communications.
“We look forward to being able to serve Mankato buyers and sellers,” said Mason. “It’s a great community that we’re excited to be a part of.”
To contact a Realtor at the new Edina Realty Mankato office, call 507.385.7575. For more information on Edina Realty and the current state of the real estate market, visit www.edinarealty.com or call Edina Realty Customer Care at 952.928.5563.
About Edina Realty: Edina Realty is a Berkshire Hathaway affiliate and a wholly-owned subsidiary of HomeServices of America, Inc. It is one of the nation’s largest real estate companies with more than 75 real estate offices and nearly 2,500 REALTORS® throughout Minnesota and western Wisconsin. Edina Realty's family of companies includes Edina Realty, Edina Realty Title, Edina Realty Insurance and Edina Realty Mortgage. Edina Realty closed more than 33,000 real estate transactions and $8.7 billion in sales volume in 2016. For more information, visit www.edinarealty.com or find us on Facebook: facebook.com/EdinaRealty; and Twitter: Twitter.com/Edina_Realty.