Is now the perfect time to be a move up buyer in Anoka County?
Real estate market data in Anoka County, Blaine MN by Joel Friday of Keller Williams Classic Realty
Absolutely, homes under $360k are flying off the shelf. Buyers are finding homes in multiple offers in many cases. This is undoubtedly a seller's market as you can see from the months supply of inventory shown below. 6 months is considered a balanced market and we are well under 2 months supply in The Twin Cities, Anoka County, Blaine and East Bethel. If this is your home, give us a call and we will have it SOLD by Friday!
But wait, when we review the same data points for over $360K the market shows incredibly different numbers. The Twin City market overall still shows 5.4 months, which is very balanced. Anoka County is over 6, Blaine is at 5.7, and East Bethel has shot up to 7.5 months in the past year. Given this data, this is definitely the year to do a move up buy as you can find more reasonable sellers after you sell your lower priced home in a frenzied market. Let us know if you want to find your move up HOME by Friday!
So the combination of fast sales in the lower prices and slower sales in the upper price brackets makes this the perfect time to capture the equity in your starter home and buy the home of your dreams.
Blaine, Minnesota is located 20 Minutes from Minneapolis and 25 minutes from St. Paul as now grown to a population of 57,186. Blaine has been on the rise of population because of commute, employment, schooling, and attractions. Blaine is a very easily place to travel to due to the access to 35W, U.S. highway 10, and State highway 65. All these roads connect in Blaine at different parts, but are all within 10 Minutes from each other. Not only does Blaine host an easy commute but hosts great employment opportunities from 100 retail and small business to having few big names such as Aveda, Carley Foundry, Target Corp, Bermo, and National Sports Center that employ many people. Blaine is also known for its schooling and school athletics making it a great attraction for families or future families. Blaine has two school districts within the city, one being the Blaine School District and one being Centennial School District. Blaine School district has been known for their schooling excellent as well as its athletic programs such as hockey and football. There have been big name players such as Nick Bjugstad, Matt Hendricks, David Backes, and Jonny Brodzinski that have all went to school in Blaine District.
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