Snapshot of Centerville Year End 2008 Market Statistics

By
Real Estate Agent with Boardman Realty Minnesota License#90858

snapshot

The number of new listings is down in significantly in Centerville, Minnesota and surprisingly so it the average days on the market. Homes sold almost three weeks faster in 2008 than in 2007. Centerville home sellers are negotiating on prices as indicated by the ratio of original price to sold price being down under 90%. That is good news for buyers as combined with the average sales price being down a bit too, Centerville is looking like a very affordable place to call home!

stats

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet or Homebuyers Success Packet. I 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.

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Copyright 2009 Teri Eckholm  http://www.terieckholm.com/

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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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Comments (12)

Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Your stats look similar to my area. Activity seems to be picking up. Hopefully we will have a strong Spring.

Feb 04, 2009 12:17 PM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re

Looks like good news except for the sales price if sales continue prices will start moving up.

Feb 04, 2009 02:07 PM
William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional

Hi Teri, I t certainly looks like your market has stabilized and though it is a bit lower ( an housing affordability has increased somwhat) stable is good and will stands a good chance of improving by years end. I remain very optimistic as you see!

Feb 04, 2009 04:00 PM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Teri  Our listings are down, but loaded with short sales and REO's.  Looks like buyers should find some real solid reasons to buy in Centreville,  Karen

Feb 04, 2009 09:24 PM
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC

Hi Teri,
Your market seems to be pretty stable in Centerville, that's good and let's hope better times are in our future.

Feb 04, 2009 11:32 PM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Bill--Centerville is a small community in Anoka County that seems to be starting to stablize. It is only one of a very few areas where DOM is going down rather than up.

Feb 05, 2009 12:53 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Terry--Centerville is fortunate as other neighboring communities have seen more drastic drops than 6%.

Feb 05, 2009 12:54 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Karen--This community is showing signs of stabilzation but there are REO and short sales scattered throughout Anoka County too. I agree, it is a good time to buy a Centerville home!

Feb 05, 2009 12:56 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

William--We have amazing affordability in the north and east Twin Cities metro right now! Buyers are noticing too as I have seen multiple offers on several area homes lately.

Feb 05, 2009 12:57 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Cynthia--Stabilization and better times ahead...I agree that would be a great thing for 2009!

Feb 05, 2009 12:58 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Teri, To me it looks like good news, it's almost the same as last year, just down a little.  What I've seen here are VERY different numbers--and still falling.

Feb 05, 2009 02:42 AM
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Carole--Centerville is one community in Anoka County that faired pretty well last year.

Feb 05, 2009 06:10 AM

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