Monday, May 10, 2010

White Bear Lake, MN Real Estate Market Statistics First Quarter 2010


Just about everyone who grew up in the Twin Cities north and east metro is familiar with the White Bear Lake community. Whether your memories are of passing the iconic gigantic snow white bear statue at Polar Chev, swimming at Bellaire beach or setting sail across White Bear Lake, everyone seems to know something about the community. But few know the legends that surround the lake and that Manitou Island is at the center of it all. The legend has been documented by several writers but the most notable was Mark Twain who wrote of the Indian warrior who killed the great monster of a polar bear to save himself and his lover in his book, “Life of the Mississippi”.

Legends aside, today the
White Bear Lake community is a vibrant area that is continually growing while preserving its rich heritage. There is no doubt that the shores of White Bear Lake are the most well known as one of the largest lakes in the north metro as it spreads from Ramsey County into Washington County. But there are two other lakes in the City of White Bear Lake: Birch Lake and Goose Lake as well as Bald Eagle Lake in White Bear Township. This town is the home of the White Bear Lake School District #624 and Century College while encompassing 11 square miles of land. Real estate opportunities include both historic homes and recently constructed residences. First time buyers, executive home buyers, retiring downsizers and luxury lakeshore buyers have a wide variety of options if the choose to call White Bear Lake home.

2009 Average Sales Price of all homes sold in White Bear Lake:


  • All Homes $186,735

  • Single Family Homes $192,195

  • Townhomes/Condos $150,823

2009 Average Cumulative Days on Market in White Bear Lake:

  • All Homes 146

  • Single Family Homes 133

  • Townhomes/Condos 153

Year End White Bear Lake residential real estate statistics for single family homes:

Under $200,000~ 51 Active Listings, 33 Pending Listings, 30 Sold Listings, 119 CDOM
$200,000-300,000~69 Active Listings, 31 Pending Listings, 14 Sold Listings, 135 CDOM (Lakeshore Subgroup 1 Active, 1 Pending, 1 Sold, 13 CDOM)
$300,000-$400,000 ~ 24 Active Listings, 7 Pending Listings, 2 Sold Listings, 217 CDOM (Lakeshore Subgroup 1 Active, 0 Pending, 1 Sold, 205 CDOM)
$400,000-$500,000 ~ 8 Active Listings, 1 Pending Listings, 0 Sold Listings (Lakeshore Subgroup 4 Active, 1 Pending, 0 Sold)
$500,000-$1,000,000~ 29 Active Listings, 3 Pending Listings, 4 Sold Listings, 643 CDOM (Lakeshore Subgroup 16 Active, 0 Pending, 1 Sold, 436 CDOM)
$1,000,000 and Up ~12 Active Listings, 0 Pending Listings, 1 Sold Listings, 357 CDOM (Lakeshore Subgroup 8 Active, 0 Pending, 1 Sold, 357 CDOM)

Year End White Bear Lake residential real estate statistics for townhomes and condos:
Under $200,000~ 53 Active Listings, 10 Pending Listings, 11 Sold Listings, 121 CDOM
$200,000-300,000~ 14 Active Listings, 0 Pending Listings, 1 Sold Listings, 502 CDOM
$300,000-$400,000 ~ 8 Active Listings, 0 Pending Listings, 0 Sold Listings
$400,000-$500,000 ~ 2 Active Listings, 0 Pending Listings, 0 Sold Listings
$500,000-$1,000,000~ 5 Active Listings, 0 Pending Listings, 0 Sold Listings

Lakeshore available in the White Bear Lake area
30 Active Listings

White Bear Lake lakeshore price range: $249,900-$3,200,000

4 Homes on Birch Lake
11 Homes on Bald Eagle Lake
15 Homes on White Bear Lake


For additional information on any current White Bear Lake real estate listing or for additional information on buying a home in White Bear Lake 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 1/1/10 through 3/31/10.

Copyright 2010 Teri Eckholm