2011 Powers Lake Housing Market - Durham Executive Group

Real Estate Agent with Durham Executive Group - RE/MAX/Results


2011 Powers Lake Housing Market - Durham Executive Group




Powers Lake Front Entrance Monument - Durham Executive Group



For all of Power Lake’s single family homes 2011 year ending (Jan. thru Dec):


- There were a total of 18 homes on the market.

- 5 homes were still showing as Active at end of 2011.

- Of the 5 Active homes all were previously owned single family homes that were homesteaded.

- 1 of the 5 previously owned homes that were Active on the market was a short sale.

- For the 5 Active and previously owned homes the cumulative days on market averaged 375.

- The average list price for the 5 Active homes for sale was $624,740.

- 4 of the 18 homes on the market had their listing contracts Expired.

- 4 of the 18 homes that were on the market had their listing contract Cancelled.

- 2 homes were shown as Pending at the end of the year.

- Of the 3 homes that Sold each were previously owned and homesteaded. All three were traditional sales.

- Of the 3 previously owned homes that Sold the average sale price was $486,965. (This was the average after factoring out the seller paid closing costs).

- Of the 3 previously owned homes that Sold the cumulative days on market for each home averaged 53 days.


Follow the Durham Executive Group's blog for ongoing Powers Lake - Woodbury MN housing statistics. Whether you are a home seller or a home buyer stay informed and current about what is happening in Power Lake - Woodbury MN. Contact John & Becky Durham whether selling or buying as we expertly know the housing market whether in Power Lake, or simply in Woodbury MN.

* Data for this post was researched by John Durham from the Minneapolis Area Association of Realtors MLS database.

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John and Becky are real estate agents with backgrounds and work experiences that set us apart from our competition. We are both educated with post graduate degrees and have worked in upper bracket professional management positions in both business and educational settings prior to real estate. We know how to work with all social and economic clientele - whether it's a first time buyer, or a multi-million dollar client. We put the emphasis on ‘EXECUTIVE LEVEL' service regardless of the size of the transaction.

Our mission statement embodies putting the client first. We recognize the importance of listening to, and fully understanding our clients' needs and concerns. Each of us brings a unique set of marketable skills with none more important than integrity and honesty. We give our word that there will never be a transaction we are involved with that is not handled with professionalism, honesty, and integrity. Additionally, we pride ourselves on our communication skills and the ability to market and negotiate our client's properties with superior results. In fact, our efforts were recently recognized with an award for our client marketing. This is a prestigious award only a few agents in the Twin Cities receive from the National Association of Realtors and Realtor.com.


John and Becky Durham

REMAX Results

604 Bielenberg Drive

Suite 100

Woodbury, MN  55125

Voice (651)231-2191

Fax (651)735-8246


http://www.durhamexecutivegroup.com/ (Search All Properties Currently for Sale in Twin Cities, Greater Minnesota, and Western Wisconsin via our MLS - Enabled Search Engine)

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