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Year End 2010 Snapshot of Hugo, MN Home Sales Statistics

By
Real Estate Agent with Boardman Realty Minnesota License#90858
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
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.

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Comments (2)

Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Teri  Your market reports are exceptionally well done and this one on Hugo is no exception

Feb 19, 2011 10:31 PM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Karen--Thank you! It is appreciated! :)

Feb 23, 2011 02:29 PM