The sold signs are going up faster on homes in the community of Forest Lake Minnesota in 2009 compared to 2008 but the amount they are getting for the homes is significantly less than previously. The average sales price of a home was down nearly 28% this past year for this north Washington County/east Anoka County community. One explanation; Frustrated sellers of high end lakeshore homes continue to wait for a sale as first time buyers scoop up deals on the lower end of the market in order to get the expiring tax credit. More closed sales means the inventory is down overall.
Looking for a breakdown of Forest Lake 2009 home sales by price point? CLICK HERE for Detailed Forest Lake Statistics
Looking for a breakdown of Forest Lake 2009 home sales by price point? CLICK HERE for Detailed Forest Lake Statistics
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