Saturday, June 9, 2007

Real Estate Market Statistics for Lino Lakes, MN--Including Lakeshore and Acreage Homes

Lino Lakes has not been immune to the sluggish real estate market and price correction that has affected the Twin Cities and Minnesota. Homes are staying on the market longer; it is taking over 3 months on average for a home to sell in Lino Lakes. The following are statistics of current single family residential market activity in the Lino Lakes area for the first five months of 2007:

Under $300,000~ 74 Active Listings, 23 Pending Listings, 46 Sold Listings (New Construction Subgroup ~ 27 Active, 12 Pending, 3 Sold)

$300,000-400,000 ~ 36 Active Listings, 11 Pending Listings, 7 Sold Listings (New Construction Subgroup ~ 4 Active, 4 Pending, 1 Sold)

$400,000-$500,000 ~ 27 Active Listings, 2 Pending Listings, 14 Sold Listings (New Construction Subgroup ~ 2 Active, 1 Pending, 3 Sold)

$500,000 and Up~ 26 Active Listings, 1 Pending Listings, 8 Sold Listings (New Construction Subgroup ~ 11 Active, 1 Pending, 4 Sold)

Lakeshore and Acreage available in Lino Lakes
4 Active Listings, 0 Pending Listings, 5 Sold Listings since 1/1/2007

Current Lino Lakes lakeshore listings price range: $459,900-$799,900

1 Home on Centerville Lake
3 Homes on Reshanau Lake
Homes on Acreage22 Active Listings on 1+ Acres, 1 Pending, 5 Sold since 1/1/2007

Current Lino Lakes acreage homes price range: $199,900-$6,240,000
17 Homes on 1-2 acre lots listed from $199,900-$650,000
4 Homes on 2-5 acre lots listed from $224,900- $484,900
1 Homes on 80 acres listed at $6,240,000

If you are relocating to Minnesota, are looking for Homes for Sale in the north and east Twin Cities metro area and need help from a professional Realtor, give me a call or visit my website for a FREE Relocation Packet. I specialize in acreage properties! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.

Copyright 2007