Snapshot of Lino Lakes MN by Teri Eckholm Realtor

As in many other north and east Twin Cities metro communities, Lino Lakes has had a drop in new listing and a slight increase in sales. This is a good indication that we are moving toward a more balanced market across the Minneapolis/St. Paul area. There was a drop in the average home sales price in this eastern Anoka County community of just over 12%. Foreclosure and lender mediated pricing has affected the average price of a sold home in Lino Lakes coming in at just over $200,000 in 2011. Average price per square footage also took a bit of a tumble from $106/sq foot in 2010 to an average of $95/sq foot in 2011 but is still on par with other communities in the area. On average, it took about a couple of weeks more to sell a Lino Lakes, Minnesota home in 2010 but a good number of homes did sell in this Anoka County community so lender mediated properties are working their way through the system which will balance the market eventually. Sellers were getting just a bit less at 91% rather than 92% of original list price they received last year, Overall it appears that residential real estate market in Lino Lakes is continuing to stabilize.  

For additional details on home sales in Lino Lakes MN at the end of 2011, Click HERE.

Statistical Statistical Snapshot of Lino Lakes MN by Teri Eckholm Realtor

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Theresa "Teri" Eckholm, a call or visit my website for a FREE Relocation Packet or FREE Homebuyers Success Packet.   I 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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Copyright 2013 Teri Eckholm http://www.terieckholm.com/

 

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1 Comments on Snapshot of Home Sales Statistics in Lino Lakes, MN Year End 2011

JAN
23
2012
261,318 Points Called Shot Master

The numbers are not stagering, but I believe I see a glimmer of hope.
10:10pm • #1

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Teri Eckholm, REALTOR® Anoka&Washington Counties Acreage & Lakeshore Homes

Ham Lake, MN

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REMAX Specialists

Address: 4910 Highway 61 N, White Bear Lake , MN, 55110

Cell Phone: (651) 336-7073

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Theresa "Teri" Eckholm/REMAX Specialists assists Minnesotans to find their way home with helpful tips and quality service. Dedication to customer service has made Teri the REALTOR® of choice for families in Blaine, Forest Lake, Ham Lake, Lino Lakes and Wyoming areas. Licensed in MN.


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