Special offer

White Bear Lake, MN Year End Real Estate Market Statistics MidYear 2010

By
Real Estate Agent with Boardman Realty Minnesota License#90858

White Bear Lake Minnesota by Teri Eckholm RealtorJust about everyone who grew up in the Twin Cities north and east metro is familiar with the White Bear Lake community. Whether your memories are of passing the iconic gigantic snow white bear statue at Polar Chev, swimming at Bellaire beach or setting sail across White Bear Lake, everyone seems to know something about the community. But few know the legends that surround the lake and that Manitou Island is at the center of it all. The legend has been documented by several writers but the most notable was Mark Twain who wrote of the Indian warrior who killed the great monster of a polar bear to save himself and his lover in his book, "Life of the Mississippi".

Legends aside, today the White Bear Lake community is a vibrant area that is continually growing while preserving its rich heritage. There is no doubt that the shores of White Bear Lake are the most well known as one of the largest lakes in the north metro as it spreads from Ramsey County into Washington County. But there are two other lakes in the City of White Bear Lake: Birch Lake and Goose Lake as well as Bald Eagle Lake in White Bear Township. This town is the home of the White Bear Lake School District #624 and Century College while encompassing 11 square miles of land. Real estate opportunities include both historic homes and recently constructed residences. First time buyers, executive home buyers, retiring downsizers and luxury lakeshore buyers have a wide variety of options if the choose to call White Bear Lake home.

Mid Year 2010 Average Sales Price of all homes sold in White Bear Lake:

· All Homes $ 207,697
· Single Family Homes $ 216,994
· Townhomes/Condos $ 166,640

Mid Year Average Cumulative Days on Market in White Bear Lake:

· All Homes 132
· Single Family Homes 121
· Townhomes/Condos 184

Mid Year 2010 White Bear Lake residential real estate statistics for single family homes:

Under $200,000~ 45 Active Listings, 21 Pending Listings, 60 Sold Listings, 102 CDOM

$200,000-300,000~50 Active Listings, 5 Pending Listings, 35 Sold Listings, 113 CDOM (Lakeshore Subgroup 1 Active, 1 Pending, 2 Sold, 88 CDOM)

$300,000-$400,000 ~ 8 Active Listings, 1 Pending Listings, 6 Sold Listings, 167 CDOM (Lakeshore Subgroup 1 Active, 0 Pending, 1 Sold, 205 CDOM)

$400,000-$500,000 ~ 7 Active Listings, 0 Pending Listings, 1 Sold Listings, 856 CDOM (Lakeshore Subgroup 5 Active, 1 Pending, 1 Sold, 856 CDOM)

$500,000-$1,000,000~ 9 Active Listings, 0 Pending Listings, 3 Sold Listings, 183 CDOM (Lakeshore Subgroup 7 Active, 0 Pending, 2 Sold, 257 CDOM)

$1,000,000 and Up ~ 6 Active Listings, 0 Pending Listings, 1 Sold Listings, 357 CDOM (Lakeshore Subgroup 6 Active, 0 Pending, 1 Sold, 357 CDOM)

Mid Year 2010 White Bear Lake residential real estate statistics for townhomes and condos:

Under $200,000 ~ 44 Active Listings, 2 Pending Listings, 18 Sold Listings, 161 CDOM

$200,000-300,000 ~ 11 Active Listings, 0 Pending Listings, 3 Sold Listings, 245 CDOM

$300,000-$400,000 ~ 5 Active Listings, 0 Pending Listings, 2 Sold Listings, 205 CDOM

$400,000-$500,000 ~ 1 Active Listings, 0 Pending Listings, 1 Sold Listings, 156 CDOM

$500,000-$1,000,000~ 5 Active Listings, 0 Pending Listings, 0 Sold Listings

$1,000,000 and Up ~ 1 Active Listings, 0 Pending Listings, 0 Sold Listings

Lakeshore available in the White Bear Lake area
20 Active Listings

White Bear Lake lakeshore price range: $244,900-$3,200,000

5 Homes on Birch Lake
4 Homes on Bald Eagle Lake
11 Homes on White Bear Lake

For additional information on any current White Bear Lake real estate listing or for additional information on buying a home in Blaine contact Teri Eckholm directly at 651-336-7073.

**All Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/10 through 6/30/10.

Home Sales Statistics for other communities in the north metro:

Posted by

Teri Eckholm. REALTOR with Boardman Realty, is a native Minnesotan who has lived and worked in the Minneapolis St Paul metro all of her life. She specializes in lakeshore homes, acreage properties and first time home buyers but assists anyone making a move in the north and east Twin Cities metro.

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give Teri , a call or visit her website for a FREE Home Buyer Success Guide or FREE Home Value Report She specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

Copyright 2019 terieckholm.com

 

******************************************************************************************************

LIKE MY BLOG? Subscribe, Follow or Like...It's your choice!

 

 

Comments(4)

William Johnson
Retired - La Jolla, CA
Retired

Hi Teri, That is a very good comprehensive report on White Bear Lake. Proportionately at least, it seems that things have been pretty active in the under $400k categories and then activity drops in the upper range prices. I am guessing tha would be a near nirmal market up to now?

Jul 19, 2010 10:28 AM
Lizette Fitzpatrick
Lizette Realty - Richmond KY - Lexington, KY
Lizette Realty, Lexington KY MLS - Kentucky Homes

It's not a bear market up there is it??? Love the statues. We have a black bear oin the loose down here. It's been in the news.

Jul 19, 2010 04:21 PM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

William--Yes it looks like a normal market for lower priced homes but things have slowed down since the tax credit expired. Not a great sign when the beginning of the year held so much promise.

 

Jul 20, 2010 08:30 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Lizette--You are so funny...A bear market lol. When we see a bear in our area, it is not news as we are on acreage but a few miles south and they have news cameras and tranquilizer guns out! In White Bear Lake they actually killed a black bear on a local golf course this spring because it was too close to people. They try to relocate them to less populated areas whenever possible but there have been quite a few wandering into well populated parts of the Twin Cities this year.

Jul 20, 2010 08:34 AM