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Snapshot of Ham Lake, MN Year End 2008 Home Sales Statistics

By Teri Eckholm

Real Estate Agent with Boardman Realty Minnesota License#90858

January 18, 2009 11:55 PM

snapshot

Home sales did not fluctuate significantly in Ham Lake, Minnesota a community synonymous with acreage properties. In this eastern Anoka County city home sales were flat with only two additional homes sold this year than in 2007. There were only a handful more homes listed too and the average days on the market rose only by six days from 178 to 184, not significant. The average price of a home sold did drop quite a bit however. It is 11.7% lower than in 2007 as it fell to under $300,000. All in all, the home sales market in Ham Lake, Minnesota appears somewhat stable.

stats

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet or 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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Art Kruschka

Administrative Manager - Manassas, VA

Manassas Woodbridge Dumfries Real Estate Sevices

Teri, Excellent year end report. I particularly like the percent of list price of the sale price. I plan to add it to ours. One can always learn from a local expert - thank you, Art

Jan 19, 2009 01:59 AM

Terry & Bonnie Westbrook

Westbrook Realty Broker-Owner - Grand Rapids, MI

Westbrook Realty - Grand Rapids Forest Hills MI Re

It looks like your area and ours are about the same on the average sales price reduction we just started out at a lower number. We have seen about a 10% reduction here last year.

Jan 19, 2009 09:24 AM

Cynthia Tilghman, Realtor® Onslow County NC Home Specialist

Kingsbridge Realty, Inc - Hubert, NC

Teri,
Your market is holding up pretty well...especially in comparison to some areas.

Jan 19, 2009 12:00 PM

Lynda Eisenmann

Preferred Home Brokers - Brea, CA

Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Hi Teri,

Great info, easy to read and understand. Your decrease in average price is a little less than 1/2 ours.

Jan 19, 2009 12:53 PM

Teri Eckholm

Boardman Realty - White Bear Lake, MN

REALTOR Serving Mpls/St Paul North & East Metro

Art--Why thank you...Glad you learn something about the Ham Lake market and a new idea for your reports too!

Jan 20, 2009 02:49 AM

Terry--Some metro communities have been hit much harder than the 11% for Ham Lake. Looking at the individual communities is eyeopening! Sad that this is a nationwide price drop.

Jan 20, 2009 02:50 AM

Cynthia--There are some communities in the north metro with well over a 20% decline in average prices but Ham Lake is doing relatively okay.

Jan 20, 2009 02:52 AM

Lynda--Thanks!! We have many communities with a much larger decrease in prices. That is one reason I have decided to do the individual community reports because there is a varation between so many communities in the north metro.

Jan 20, 2009 02:53 AM

Snapshot of Ham Lake, MN Year End 2008 Home Sales Statistics

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