Tuesday, July 17, 2007

Mid-Year 2007 Real Estate Market Statistics for Lino Lakes, Minnesota

The Lino Lakes real estate market in southern Anoka County while slower than normal had a much healthier start to 2007 than its neighbors to the north. Per the St. Paul Area Association of Realtors, sales for the 13 county Twin Cities area are down 16% in the first half of 2007 compared with sales in the first half of 2006. The average home price fell 2%.

This mid-year update for Lino Lakes real estate reflects the sluggish market with many existing home listings but the homes are selling. Though existing home inventory is high in all price ranges, homes are selling more quickly than in northern Anoka County communities. Homes in Lino Lakes are staying on an average of 173 days while homes in Ham Lake have a cumulative days-on-market statistic of 208 days. (Click here for complete Ham Lake Statistics.)

The following are statistics of current single family residential market activity in the Lino Lakes area for the first six months of 2007.
Under $300,000
~ 38 Active Listings, 10 Pending Listings, 39 Sold Listings; Average Cumulative Days on Market for Sold Listings: 153


$300,000-400,000 ~ 30 Active Listings, 4 Pending Listings, 10 Sold Listings; Average Cumulative Days on Market for Sold Listings: 188


$400,000-$500,000 ~ 21 Active Listings, 5 Pending Listings, 10 Sold Listings; Average Cumulative Days on Market for Sold Listings: 267


$500,000 and Up~ 16 Active Listings, 2 Pending Listings, 4 Sold Listings; Average Cumulative Days on Market for Sold Listings: 93
Lakeshore available in Lino Lakes:


6 Active Listings, 0 Pending Listings, 2 Sold Listings


Lino Lakes lakeshore price range: $334,900-$749,000


  • 1 Home on Bald Eagle Lake

  • 1 Home on Centerville Lake

  • 3 Home on Reshanau Lake

  • 1 Homes on Rice Lake
**All Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/07 through 6/30/07.

Featured Listings in Anoka County:





Articles on Lakeshore and Minnesota that might be of interest:





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.


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