Sunday, January 27, 2013
Snapshot of Home Sales Statistics in Circle Pines MN Year End 2012
The number of new listings in Circle Pines dropped slightly in 2012 but with sales up significantly, inventory levels are low. In this small Anoka County community, just north of Shoreview, closed home sales were up significantly again in 2012 for the second consecutive year. This time up over 45% so it is likely there is very little inventory in Circle Pines. Likewise, the average time on the market was affected significantly, dropping by 28% and the average price was up 14% to just under $149K. The price per square foot statistic remains affordable compared to other Anoka County communities in 2012 at $88 which is higher than in 2011 for Circle Pines but still significantly lower than in neighboring communities. The ratio of percent received versus list price also rose 95% to 88% showing that sellers in Circle Pines are getting much closer to asking price for their homes. Affordability and good number of starter homes make Circle Pines, Minnesota an affordable option for first time home buyers but like in other Twin Cities metro communities, sellers are starting to have an upper hand in negotiations.
Interested in Making a Move to CIRCLE PINES, MN? If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Teri Eckholm of RE/MAX Specialists, 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.