Snapshot of Home Sales Statistics in Shoreview, MN Year End 2011

By
Real Estate Agent with Boardman Realty Minnesota License#90858

Home Sales Statistics Shoreview MN 2011

 
Snapshot of Shoreview MN by Teri Eckholm REALTOR
 
In the centrally located Ramsey County community of Shoreview, MN new listings were down in 2011 along with almost every other real estate indicator except for days on the market. New listings were down nearly 14% while closed sales down by roughly 8%. Likewise the average sales priced dropped considerably to just over $200,000, down from $233,000 in 2010. Homes are bringing in an average price per square foot of  $102 which is comparable with other communities in the northeast Minneapolis/St. Paul area but still down considerably from $114/sq ft that homes in Shoreview were getting on average in 2010.  It is apparent that distressed properties are continuing to work their way out of this community. Sellers are getting just over 90% of their asking price; also down from nearly 92% in 2010 but also comparable to other neighboring communities. The average time on the market to sell a home, rose just a bit from 136 to 142 days on the Shoreview market. Again this statistic is comparable to other surrounding neighborhoods. These end-of-year average statistics are just a snapshot of the Shoreview real estate market as it continues to move toward becoming balanced.
 
 
Statistical snapshot of Shoreview MN by Teri Eckholm REALTOR
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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 2015 www.terieckholm.com

 

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Rainmaker
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Tom Braatz Waukesha County Real Estate 262-377-1459
Re/Max Realty 100 262-377-1459 - Oconomowoc, WI
Waukesha County Realtor Real Estate agent,Waukesha

Teri

What a great snapshot of Shoreview. Minnesota. Hope you have a super year

Feb 08, 2012 09:37 PM #1
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Rainmaker
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Teri Eckholm

REALTOR Serving Mpls/St Paul North & East Metro
Looking to buy or sell in the Twin Cities? Contact Me Today!
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