In this northern Ramsey and Washington County community, just north of White Bear Lake, closed home sales were completely flat in 2010 after being up by nearly 43% in 2009. That shows some stability especially since new listings are down over 10% in the area too. Unfortunately, the average sales price did continue to decline but just a bit at over 2% which is much improved from the 17% drop in the previous year. The amount sellers are receiving on sales is down a bit compared to asking price but not dramatically. Time on the market to sell a Hugo home, did drop quite a bit in 2010 showing that this Washington County community is making good progress toward stabilization.
Looking for a breakdown of Hugo 2010 home sales by price point? CLICK HERE for Detailed Hugo Statistics
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