Just about everyone who grew up in the Twin Cities north and east metro is familiar with the White Bear Lake community. Whether your memories are of passing the iconic gigantic snow white bear statue at Polar Chev, swimming at Bellaire 
beach or setting sail across White Bear Lake, everyone seems to know something about the community. But few know the legends that surround the lake and that Manitou Island is at the center of it all. The legend has been documented by several writers but the most notable was Mark Twain who wrote of the Indian warrior who killed the great monster of a polar bear to save himself and his lover in his book, “Life of the Mississippi”.
Legends aside, today the White Bear Lake community is a vibrant area that is continually growing while preserving its rich heritage. There is no doubt that the shores of White Bear Lake are the most well known as one of the largest lakes in the north metro as it spreads from Ramsey County into Washington County. But there are two other lakes in the City of White Bear Lake: Birch Lake and Goose Lake as well as Bald Eagle Lake in White Bear Township. This town is the home of the White Bear Lake School District #624 and Century College while encompassing 11 square miles of land. Real estate opportunities include both historic homes and recently constructed residences. First time buyers, executive home buyers, retiring downsizers and luxury lakeshore buyers have a wide variety of options if the choose to call White Bear Lake home.
There was a bit more optimistic picture for sellers midyear in 2010 than in 2011. This year the average home price is again lower for the total average and single family homes while remarkably the average price of townhomes/condos has increased from $166,640 at the end of June 2010 to $171,572. This can be attributed to the sale of a few higher priced condo/townhomes in 2011 while there were no high priced condo/townhomes sold in 2010. Days on the market is up for all homes and all categories. Likewise inventory has increased this year. Availability in every type of home and every price point is nearly double what it was midyear 2010. This is great news for anyone considering a purchase now. Lower prices and high inventory always seems to give the advantage to home buyers.
Mid Year 2010 Average Sales Price of all homes sold in White Bear Lake:
- All Homes $ 197,783
- Single Family Homes $ 206,247
- Townhomes/Condos $171,572
Mid Year Average Cumulative Days on Market in White Bear Lake:
- All Homes 172
- Single Family Homes 156
- Townhomes/Condos 222
Mid Year 2011 White Bear Lake residential real estate statistics for single family homes:
Under $200,000~ 85 Active Listings, 31 Pending Listings, 101 Sold Listings, 134 CDOM
$200,000-300,000~68 Active Listings, 10 Pending Listings, 31 Sold Listings, 171 CDOM (Lakeshore Subgroup 4 Active, 1 Pending, 0 Sold)
$300,000-$400,000 ~ 28 Active Listings, 7 Pending Listings, 10 Sold Listings, 203 CDOM (Lakeshore Subgroup 7 Active, 0 Pending, 1 Sold, 500 CDOM)
$400,000-$500,000 ~ 19 Active Listings, 1 Pending Listings, 9 Sold Listings, 239 CDOM (Lakeshore Subgroup 3 Active, 1 Pending, 1 Sold, 62 CDOM)
$500,000-$1,000,000~ 29 Active Listings, 0 Pending Listings, 7 Sold Listings, 338 CDOM (Lakeshore Subgroup 12 Active, 0 Pending, 1 Sold, 488 CDOM)
$1,000,000 and Up ~ 12 Active Listings, 1 Pending Listings, 0 Sold Listings (Lakeshore Subgroup 11 Active, 1 Pending, 0 Sold)
Mid Year 2011 White Bear Lake residential real estate statistics for townhomes and condos:
Under $200,000~ 66 Active Listings, 8 Pending Listings, 37 Sold Listings, 216 CDOM
$200,000-300,000~ 22 Active Listings, 1 Pending Listings, 7 Sold Listings, 140 CDOM
$300,000-$400,000 ~ 5 Active Listings, 0 Pending Listings, 5 Sold Listings, 286 CDOM
$400,000-$500,000 ~ 2 Active Listings, 0 Pending Listings, 0 Sold Listings
$500,000-$1,000,000~ 4 Active Listings, 0 Pending Listings, 2 Sold Listings, 388 CDOM
$1,000,000 and Up ~ 1 Active Listings, 0 Pending Listings, 0 Sold Listings
Lakeshore available in the White Bear Lake area 45 Active Listings White Bear Lake lakeshore price range: $244,900-$3,200,000
11 Homes on Bald Eagle Lake
2 Homes on Birch Lake
1 Home on Echo Lake
1 Home on Goose Lake
1 Home on Long Lake
1 Home on Otter Lake
1 Home on Varney Lake
27 Homes on White Bear Lake
**All Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/11 through 6/30/11.
Featured Listing in the White Bear Lake Area
4500 Oakhurst Ave, Vadnais Heights, MN 55127
For additional information on any current White Bear Lake real estate listing or for additional information on buying a home in Blaine contact Teri Eckholm directly at 651-336-7073.
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