Blaine MN 2008 Year End Real Estate Statistics, Updated Information for 55434 55449
2008 Year End Housing Statistics - Blaine, MN
The city of Blaine has experienced many big changes this year. The overpass at Highway 242 and Highway 65 is finished and they are now stared on two of the other overpasses that are going in to ease traffic congestion on Highway 65. Our new construction has slowed down, but it has not come to a complete stop, thank goodness. New developments continue to add to the inventory in Blaine.
Single Family Homes:
There are currently 297 single family homes listed for sale on the MLS (today 1-7-09) in Blaine. In 2008, a total of 508 single family homes were sold. Based on the rate of sales in November and December of 2008, it would take 7.71 months to sell the current inventory of single family homes (and that's not counting any new listings that come onto the market).Of the 493 homes that were competitively sold on the MLS in Blaine in 2008, the average list price was $261,530 and the average sale price was $254,405 (97.3% of list). The average days on market was 78.6 with the cumulative days on market 151.6. The cumulative days on market includes all days within a calendar year that the home was listed on the MLS even it was listed by different agents and/or companies. The average price per square foot was $116.55 and the average finished size was 2,184 square feet.
Townhomes, Condos, and Twin Homes:
When you consider townhomes, condos, and twin homes - that adds another 135 units to the inventory. In 2008, a total of 266 units closed were sold. Based on the rate of sales in November and December of 2008, it would take 8.18 months to sell the current inventory (and that's not counting any new listings that come onto the market).Of the 262 units that were competitively sold on the MLS in Blaine in 2008, the average list price was $176,419 and the average sale price was $172,080 (97.5% of list). The average days on market was 91.9 with the cumulative days on market 161.2. The cumulative days on market includes all days within a calendar year that the home was listed on the MLS even it was listed by different agents and/or companies. The average price per square foot was $106.28 and the average finished size was 1,619 square feet.
New construction homes in Blaine are very reasonable. The builders have had to compete with the inventory of existing homes and this makes Blaine very affordable for new construction.
2008 Blaine Total Sales = 768
Average Price = $195,000Handy Blaine Area Links:
Anoka Hennepin District #11
Centennial District #12
Spring Lake Park District #16
National Sports Center
Tournament Players Club golf courseAnoka County Library Northtown 763-717-3267
Johnsville Branch Library 763-767-3853Blaine Utilities:
Electricity Connexus Energy 763-323-2719
Electricity Xcel Energy 800-895-4999
Natural Gas CenterPoint Energy 800-269-1114
Wastewater Blaine Public Services 763-785-6123
Water Blaine Public Utilities 763-784-6700Public Safety emergency resources 1-800-422-0798 or metro 651-649-5451
Federal Emergency Management Agency Region V FEMA 312-408-5500
Small Business Administration Disaster Resources Disaster Area Offices 404-347-3771
Major Employers
Products/Services
Employee Count
Scientific Research & Development Services
450
Other Fabricated Metal Product Manufacturing
170
Promoters of Performing Arts, Sports, & Similar Events
137
Foundries
130
Scientific Research & Development Services
120
Miscellaneous Durable Goods Merchant Wholesalers
102
Scientific Research & Development Services
101
Machine Shops;Turned Prod.;& Screw,Nut & Bolt Mfg.
100
Auto Parts & Accessories Stores
96
Medical Equipment & Supplies Manufacturing
90
Coating, Engraving, Heat Treating & Allied Activities
80
Resin, Synth. Rubber & Art. Synth. Fibers & Fil. Mfg.
70
Support Activities for Mining
68
Machinery, Equipment, & Supplies Merchant Wholesalers
65
Miscellaneous Durable Goods Merchant Wholesalers
60
Newspaper Name
Telephone
Frequency
763-421-4444
Weekly
612-673-4000
Daily
651-222-5011
Daily
651-633-3434
Weekly
Airports
International
Local Regional
Name
Mpls./St. Paul Intl. Airport
Anoka Co.-Blaine Airport
Location
Bloomington
Blaine
Miles to
20
0
Longest Runway Length
10,000 Feet
4,855 Feet
Surface Type
Paved
Paved
Lighted
Yes
Yes
Customs
Yes
No
Service Type
Charter, Commercial, Freight, Jet
Charter, Freight, Jet
Navigational Aids
BEACON, DME, ILS, VOR/DME
BEACON, VOR/DME
Weather Info Systems
AWOSA/MNWAS, SAWRS
AWOSA/MNWAS, AWOSIII, PUBLICTV, SAWRS
Major Airlines
American, Continental, Delta, Northwest, TWA, United Airlines, US Air
Additional Commercial Transportation Providers
Type
Provider Name
Phone
Air
763-783-1866
Air
763-784-6614
Air
763-783-1866
Air
701-282-5330
Air
763-786-6335
Truck
763-784-4022
Truck
Overnite Transportation
763-780-9800
Truck
763-786-3345
Participating member of the *National Real Estate Stimulus Program*
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