Snapshot of Home Sales Statistics in Lino Lakes, MN Year End 2011

By
Real Estate Agent with Boardman Realty Minnesota License#90858

 

Snapshot of Lino Lakes MN by Teri Eckholm Realtor

As in many other north and east Twin Cities metro communities, Lino Lakes has had a drop in new listing and a slight increase in sales. This is a good indication that we are moving toward a more balanced market across the Minneapolis/St. Paul area. There was a drop in the average home sales price in this eastern Anoka County community of just over 12%. Foreclosure and lender mediated pricing has affected the average price of a sold home in Lino Lakes coming in at just over $200,000 in 2011. Average price per square footage also took a bit of a tumble from $106/sq foot in 2010 to an average of $95/sq foot in 2011 but is still on par with other communities in the area. On average, it took about a couple of weeks more to sell a Lino Lakes, Minnesota home in 2010 but a good number of homes did sell in this Anoka County community so lender mediated properties are working their way through the system which will balance the market eventually. Sellers were getting just a bit less at 91% rather than 92% of original list price they received last year, Overall it appears that residential real estate market in Lino Lakes is continuing to stabilize.  

For additional details on home sales in Lino Lakes MN at the end of 2011, Click HERE.

Statistical Statistical Snapshot of Lino Lakes MN by Teri Eckholm Realtor

Posted by

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 2019 terieckholm.com

 

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Rainmaker
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Vern Eaton
Askov, MN
Realtor 651-674-7449

The numbers are not stagering, but I believe I see a glimmer of hope.

Jan 23, 2012 02:10 PM #1
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Teri Eckholm

REALTOR Serving Mpls/St Paul North & East Metro
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