We here at The Janos Group continuously monitor local real estate statistics to keep our clients and neighbors informed and ahead of the real estate trends. Below you will find the White Bear Lake Real Estate statistics for the month of May 2007 compared to May 2008 as well as the year to date comparison.
|
White Bear Lake |
May |
Year to Date |
||||
|
|
2008 |
2007 |
Change |
2007 |
2008 |
Change |
|
New Listings |
66 |
79 |
-16.5% |
299 |
282 |
-5.7% |
|
Closed Sales |
27 |
27 |
-0.0% |
122 |
83 |
-32.0% |
|
Average Sale Price |
$209,958 |
$260,583 |
-19.4% |
$266,619 |
$207,984 |
-22.0% |
|
% of Orig List Price * |
93.4% |
94.3% |
-0.9% |
95.1% |
91.6% |
-3.6% |
|
Average Days on Market ** |
154 |
141 |
+9.7% |
136 |
162 |
+18.7% |
|
Single-Family Detached Inventory |
153 |
141 |
+8.5% |
- |
- |
- |
|
Townhouse-Condo Inventory |
72 |
63 |
+14.3% |
- |
- |
- |
Information obtained by the Minneapolis Area Association of Realtors.
*Does not account for list prices from any previous listing contracts
**City market time figures are based on Cumulative Days on Market, which does account for previous listing contracts
To find the value of your home with a free, over-the-net home evaluation, please visit our website: www.TheJanosGroup.com
If you would like a free list of homes for sale in this area/neighborhood, would like more information about White Bear Lake or would like to be the first to know about hot new listings before other buyers do, then give us a call at:
The Janos Group
ReMax Associates Plus, Inc.
4910 Highway 61
White Bear Lake, MN 55110
651-407-7803 Office
651-407-7910 Fax
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