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Richard Newman

68 Closed Sales
$28M Total Value
$113K - $1.6M Price Range
$411.5K Average Price
Prior five years

About Richard

Minneapolis Urban Homes is your best source for information and services regarding buying, selling or renting condos, lofts and townhomes in Minneapolis. Being part of the Downtown Resource Group family means that you can be confident that you are working with the market leader in Minneapolis.
Home Types: Condo, House, Townhouse, MultiFamily
Years of Experience: 18

Transaction History

Seller Deals

Total Deals
6
Total Value
$2,597,000
Average Sale Price
$432,833
Price Range
$66K - $1.5M

Buyer Deals

Total Deals
7
Total Value
$5,409,000
Average Sale Price
$772,714
Price Range
$215K - $1.6M

Production Over Time

1 Year View by Quarter

Seller Deals

Total Deals
10
Total Value
$4,735,500
Average Sale Price
$473,550
Price Range
$66K - $1.5M

Buyer Deals

Total Deals
16
Total Value
$7,995,900
Average Sale Price
$499,744
Price Range
$110K - $1.6M

Production Over Time

2 Year View by Quarter

Seller Deals

Total Deals
25
Total Value
$10,113,000
Average Sale Price
$404,520
Price Range
$66K - $1.5M

Buyer Deals

Total Deals
43
Total Value
$17,869,600
Average Sale Price
$415,572
Price Range
$110K - $1.6M

Production Over Time

5 Year View

Richard's Listings and Deals

Richard's Reviews

5.0stars, 34 Reviews

1/11/26Deborah S.

Google Review

Richard Newman was our agent for our purchase of a condo in the Mill District, and we highly recommend him.

After living on the East Coast for many years, we decided to move back to our native Minnesota. We contacted Richard based upon his reputation as a top real estate agent in the area. Our personal experience showed that his sterling reputation is well earned.

Richard graciously worked with us on our extended timeline, showing us many properties as we figured out that a condo lifestyle would indeed suit us well and then narrowed our property hunt down to a single neighborhood in downtown Minneapolis.

Richard guided us through this process in his signature fashion, being fully engaged in a low-key manner. He posed thoughtful questions, which aided us in refining our wish list.

Richard's extraordinary knowledge of and experience with the condo industry in Minneapolis was invaluable. Throughout the process, he provided insight and perspective on a wide range of matters, which he presented in a clear and concise manner. And when presented with a question for which he did not have the facts at his fingertips, he stated as such and quickly tracked down the answer and promptly relayed the information to us. At each step, Richard's informed and precise manner of communication always left us confident about how best to move forward. Unflaggingly respectful, Richard offered his opinions, pointing out the advantages and disadvantages to each, leaving us with a clear understanding of the issues for us to make the best decision for our needs.

In addition to his knowledge of the condo industry, Richard provided us with references to an outstanding circle of professionals in the title, insurance, and home finance industries, who made the entire condo-buying process seamless and successful.

Richard and DRG as a whole made the offer and closing process easy. We have bought and sold numerous properties over the years, and this was by far the smoothest process of them all.

- Deborah S. and Phillip E.

10/16/25O J

Google Review

Richard's professionalism, impartiality, objectivity, and patience shone through every step of the process, making it an absolute pleasure to collaborate with him.

If you're in the market for a residential or investment property, I highly recommend reaching out to Richard. His thorough research and preparation are truly commendable, and he goes above and beyond to educate his clients before they make such a significant decision. His dedication to ensuring his clients are well-informed and comfortable with their choices is unparalleled.

I wholeheartedly endorse him for all your property needs.

10/16/25Barry.

Google Review

We had a great experience with Richard. He showed us approximately a dozen condos in MPLS and we ended up purchasing a unit on Lake Bde Maka Ska through him. During the process there were snags and issues that popped up including an upcoming special assessment and needed repairs in the unit. Throughout the purchase process, Richard expertly guided us through those issues and assisted us in obtaining a very favorable deal, all the while working closely with the Seller's agent. He was always patient and professional with us, never pushy or insistent. I highly recommend him.

Agent Photo

Richard Newman