Linwood real estate didn’t come to a standstill in 2011 but the number of sales did drop significantly in this northern Anoka County communities. There were nearly 34% less homes sold in Linwood last year. New listings were down nearly 35% as well which does help to balance the market. The average price of a Linwood home dropped over 13% to $142,536 but at $91/sq foot, home sales prices do seem inline with other north metro communities. Linwood is a more rural Anoka County community that featuring acreage and lakeshore properties. It is located just north of Columbus and south of Stacy. Market time dropped for the fourth year in a row to an average 154 days on the market for a home to sell. Linwood’s home sellers were seeing offers come in a bit lower in 2011and were receiving an average of 90.7% of list price compared to 93% in 2010. While it does seem a bit low, the percent of list price received is similar to many other commuities in the north metro so Linwood is showing continued signs of a slow but steady recovery.
For additional details on home sales in Linwood MN at the end of 2011, Click HERE.
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