Friday, October 12, 2007

Centerville, MN Real Estate Market Statistics 3rd Quarter 2007

Centerville is a community truly at the center of it all—or at least at the center of Lino Lakes, Minnesota. Located just off 35 E in the Twin Cities northeast metro, Centerville is a small community surrounded by its big sister community. Head any direction, north, south, east or west from Centerville and you will be in the community of Lino Lakes.

Real estate in Centerville, MN in Anoka County is affordable and selling—though admittedly at a slower pace than most sellers would like. The third quarter numbers show area homes are staying on the market an average of 198 days. Looking at current inventory levels and the rate of sales for homes priced under $300,000, there is about 6-7 months of inventory as it stands today.

While homes under $300,000 have a manageable inventory level, similar to other areas of the Twin Cities, high end homes are selling at a slower pace. Four wonderful lakeshore homes are currently available in Centervillle and one is on acreage With such a great selection, this is a great opportunity to buy that lake home you have always dreamed of owning.

3rd Quarter Centerville residential real estate statistics for single family homes:

Under $300,000 ~ 15 Active Listings, 1 Pending Listings, 6 Sold Listings

$300,000-$400,000 ~ 5 Active Listings, 0 Pending Listings, 2 Sold Listings

$400,000-$500,000 ~ 5 Active Listings, 1 Pending Listings, 0 Sold Listings

$500,000 and Up ~ 14 Active Listings, 1 Pending Listings, 1 Sold Listings

Lakeshore available in Centerville4 Active Listings

Centerville lakeshore price range: $419,900-$649,900

3 Homes on Peltier Lake
1 Home on Centerville Lake

For additional information on any current Centerville real estate listings contact Teri Eckholm directly at 651-336-7073.

**All Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 7/1/07 through 9/30/07.

Featured Listing in Centerville, Minnesota: 1988 Robin Lane N
Articles on Lakeshore and Minnesota that might be of interest:Does "Minnesota Nice" Affect the Real Estate Market? "Yah, You Betcha!"
Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!
Affordable Minnesota Lakeshore
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