How Do I Sell My White Bear Lake, Minnesota Home?

Are planning to sell your home in White Bear Lake, Minnesota soon and need more information on where to start? 

When you need to sell a home in the White Bear area, I will help you get the process started quickly. My innovative marketing and top notch negotiating skills will get you the best possible price too.  A market analysis by a professional REALTOR® is your first step in the process.

The White Bear Lake market is HOT! Home buyers are looking for homes right now because inventory is extremely low in the north and east Minneapolis/St. Paul metro. Since April 1, 2015, 46 homes have sold in White Bear Lake and 18 homes have sold in White Bear Township The average days on the market was 63 for homes in the 55110 White Bear Lake area. Prices ranged from the affordable starter homes to luxury, executive lakeshore homes.

For additional information about working with me, visit my website and read testimonials from past satisfied clients. Or better yet call me, Teri Eckholm/Boardman Realty 651-336-7073 and arrange a no cost/obligation market analysis on your home today.

FYI-- I do answer my own phone so when you call, you will be talking directly to me!


(Sales statistics from Northstar MLS/Minnesota real estate listings as of 5/6/15).

Need to know more about buying or selling a Twin Cities home? Let me be your professional guide. If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Teri Eckholm of Boardman Realty, a call or visit my website for a FREE Home Buyer Success Guide or FREE Home Value Report. 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.

Copyright 2015 www.terieckholm.com

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

White Bear Lake, MN Year End Real Estate Market Statistics 2009

Just about everyone who grew up in the Twin Cities north metro is familiar with the White Bear Lake community. Whether your memories are of passing the iconic gigantic white bear statue at Polar Chev, swimming at Bellaire beach or setting sail across White Bear Lake, everyone seems to know the area. 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. While 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 , there are two other lakes in the community: Birch Lake and Goose Lake. The community is home to White Bear Lake School District #624 and Century College encompassing 11 square miles of land. Real estate opportunities include both historic homes and more 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.

Single family home inventory levels are at very manageable levels in the City of White Bear Lake. In the price category under $200,000, there is under 3 months worth of homes currently listed as we start January. There is just under 6 months of absorption for homes priced from $200,000-$300,000, while it will take just over a year to sell all the homes listed in the $300,000-$500,000 price range. Things are not quite so rosy for the beautiful lakeshore and executive homes in the half-million plus category. At the current rate of sales, it will take over 3 years before all of the current listings sell .

White Bear Lake townhomes are selling a slightly slower pace. There is just under a 6 month absorption rate for townhomes and condos priced under $200,000 while it will take about a year to sell the current inventory of homes in the $200,000-$400,000 range. But high-end townhomes and condos are in the same predicament as with single family homes as they have about 3 years of inventory to sell through at the current rate of sales.
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~ 36 Active Listings, 11 Pending Listings, 161 Sold Listings, 112 CDOM (Lakeshore Subgroup 0 Active, 0 Pending, 1 Sold, 246 CDOM)
$200,000-300,000~34 Active Listings, 2 Pending Listings, 67 Sold Listings, 162 CDOM (Lakeshore Subgroup 2 Active, 0 Pending, 2 Sold, 301 CDOM)
$300,000-$400,000 ~ 11 Active Listings, 1 Pending Listings, 8 Sold Listings, 214 CDOM (Lakeshore Subgroup 1 Active, 1 Pending, 1 Sold, 325 CDOM)
$400,000-$500,000 ~ 3 Active Listings, 0 Pending Listings, 4 Sold Listings, 149 CDOM (Lakeshore Subgroup 2 Active, 0 Pending, 0 Sold)
$500,000-$1,000,000~ 8 Active Listings, 0 Pending Listings, 3 Sold Listings, 118 CDOM (Lakeshore Subgroup 7 Active, 0 Pending, 1 Sold, 13 CDOM)
$1,000,000 and Up ~5 Active Listings, 0 Pending Listings, 1 Sold Listings, 901 CDOM (Lakeshore Subgroup 5 Active, 0 Pending, 1 Sold, 901 CDOM)
Year End White Bear Lake residential real estate statistics for townhomes and condos:
Under $200,000~ 24 Active Listings, 2 Pending Listings, 54 Sold Listings, 188 CDOM
$200,000-300,000~ 6 Active Listings, 0 Pending Listings, 5 Sold Listings, 351 CDOM
$300,000-$400,000 ~ 3 Active Listings, 1 Pending Listings, 5 Sold Listings, 198 CDOM
$400,000-$500,000 ~ 4 Active Listings, 0 Pending Listings, 1 Sold Listings, 708 CDOM
$500,000-$1,000,000~ 1 Active Listings, 0 Pending Listings, 1 Sold Listings, 52 CDOM
For additional information on any current White Bear Lake real estate listing or for additional information on buying a home in Blaine 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 1/1/09 through 12/30/09.
 

 

Copyright 2010 Teri Eckholm http://www.terieckholm.com/