Team

Welu Group

Coldwell Banker

Looking to sell your property, buy a new home, or just need some expert real estate advice?

About
Nick Welu has been in the Real Estate business since 2005 and focuses on the Lake Minnetonka area. Nick’s expertise and knowledge of Lake Minnetonka gives his clients a competitive advantage in the current real estate market. Through his hard work and dedication to serving his clients Nick has become highly recommended to the friends and family of many of his past clients. In his down time Nick enjoys spending time with family, fishing on Lake Minnetonka, and watching all the local sporting events. Nick lives on Lake Minnetonka with his Wife Erin, Daughter Nora and Chocolate lab Murphy.
Highlights *
75
Recent sales
$135K-$5M
Price range
$565K
Median price
22
Years experience

Recent Listings & Sales

Transaction History *

Seller Deals

Total Deals
46
Total Value
$27,754,900
Median Sale Price
$412,500
Price Range
$135K - $2.85M

Buyer Deals

Total Deals
29
Total Value
$29,167,100
Median Sale Price
$847,000
Price Range
$330K - $5M

Sales Volume Timeline

Welu Group’s production volume for the past 3 year period Q2 ’23 Q2 2023: $5.9M Q3 ’23 Q3 2023: $3.8M Q4 ’23 Q4 2023: $3.2M Q1 ’24 Q1 2024: $4.5M Q2 ’24 Q2 2024: $5.3M Q3 ’24 Q3 2024: $5.6M Q4 ’24 Q4 2024: $4.9M Q1 ’25 Q1 2025: $9.3M Q2 ’25 Q2 2025: $3.1M Q3 ’25 Q3 2025: $5.1M Q4 ’25 Q4 2025: $2.2M Q1 ’26 Q1 2026: $1.7M Q2 ’26 Q2 2026: $2.3M Q2 2023 Total Sales $5.9M Q3 2023 Total Sales $3.8M Q4 2023 Total Sales $3.2M Q1 2024 Total Sales $4.5M Q2 2024 Total Sales $5.3M Q3 2024 Total Sales $5.6M Q4 2024 Total Sales $4.9M Q1 2025 Total Sales $9.3M Q2 2025 Total Sales $3.1M Q3 2025 Total Sales $5.1M Q4 2025 Total Sales $2.2M Q1 2026 Total Sales $1.7M Q2 2026 (Apr 1-May 16) Total Sales $2.3M

Professional Info

Brokerage

Coldwell Banker
315 Lake St E 101
Wayzata, MN 55391

Licensed

Licensed REALTORĀ®
MN 20532601

Specialties

  • Foreclosures & Short sales
  • Luxury properties
  • Relocation

Designations

  • CREĀ®

Top Cities *

Mound

  • 16 sales past 3 years
  • 61 days on market
  • $822K median price

Minneapolis

  • 6 sales past 3 years
  • 44 days on market
  • $400K median price

Maple Grove

  • 5 sales past 3 years
  • 25 days on market
  • $425K median price

* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.