Real Estate Blog for the North & East Twin Cities

Looking for a good deal on lakeshore or acreage in the Twin Cities area north metro? Lino Lakes, MN in Anoka County might be just the ticket. Just north of the Minneapolis and St. Paul, Lino Lakes is an eclectic area of real estate with acreage, lake homes, townhomes, single family starter homes and country estates. First quarter sales have been very good in the lower price points with bank owned and lender mediated properties impacting the sales. Homes in higher price points and those offered by traditional sellers had longer market times but some properties were selling.

Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

Lino Lakes single family homes are lingering on the market a couple of weeks less in 2010 than in the first quarter of 2009. The first quarter cumulative days on market (CDOM) statistic is a bit lower than for the average CDOM of 2008 (178 versus 192) Looking at current inventory levels and the rate of sales for homes priced under $300,000, there is about 11-12 months of inventory. This is just a bit higher absorption rate than last year at this time.

While homes under $200,000 in Lino Lakes appear to have about 6 months of inventory, homes in the $200,000- $300,000 price point are looking at 2.5 times the inventory and market time. While homes in the higher price ranges are looking at a couple of years worth of inventory.Townhomes are doing much better than last year with about 5 months of inventory. Last year at this time Lino Lakes had nearly 3 years of townhouse inventory. High inventory combined with continued low interest rates make it a great time to consider buying Lino Lakes home.

1st Quarter 2010 Average Sales Price of all homes sold in Lino Lakes:

· All Homes $204,323
· Single Family Homes $231,710
· Townhomes/Condos $140,422

1st Quarter 2010 Average Cumulative Days on Market in Lino Lakes:

· All Homes 178
· Single Family Homes 191
· Townhomes/Condos 146


1st Quarter Lino Lakes residential real estate statistics for single family homes:

Under $200,000~ 14 Active Listings, 7 Pending Listings, 7 Sold Listings, 122 CDOM

$200,000-$300,000 ~ 51 Active Listings, 13 Pending Listings, 10 Sold Listings, 234 CDOM

$300,000-$400,000 ~ 29 Active Listings, 3 Pending Listings, 3 Sold Listings, 126 CDOM

$400,000-$500,000 ~ 16 Active Listings, 0 Pending Listings, 1 Sold Listings, 297 CDOM

$500,000 and Up~ 12 Active Listings, 0 Pending Listings, 0 Sold Listings

1st Quarter Lino Lakes residential real estate statistics for townhomes and condos:

Under $200,000~ 16 Active Listings, 9 Pending Listings, 9 Sold Listings, 146 CDOM

$200,000-$300,000 ~ 8 Active Listings, 1 Pending Listings, 0 Sold Listings

Lakeshore available in Lino Lakes as of 4/20/2010

6 Active Listings

Lino Lakes lakeshore price range: $304,500-$1,118,000
1 Home on Amelia Lake
2 Homes on Baldwin Lake
3 Homes on Reshanau Lake

Acreage properties available in Lino Lakes as of 4/20/2010

16 properties listed on 1-2 Acres priced between $189,900-$595,000.
3 properties listed on 2.1-5 Acres priced between $163,000-$269,900
6 properties listed on 5.1-10 Acres priced between $309,500-$1,118,000
1 property listed on 29 Acres priced at $749,900
1 property listed on 80 Acres priced at $6,000,000

Click HERE to Search for Minnesota Lakeshore Home!

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/09 through 3/31/10.

Home Sales Statistics for other communities in the north metro:

• 2009 Year End Snapshot of Andover, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Blaine, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Centerville Market Statistics
  
• 2009 Year End Snapshot of Chisago City, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Circle Pines, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Columbus, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Coon Rapids Market Statistics
  
• 2009 Year End Snapshot of East Bethel, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Forest Lake MN Home Sales Statistics
  
• 2009 Year End Snapshot of Ham Lake, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Hugo, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Lino Lakes, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Linwood, MN Home Sales Statistics
  
• 2009 Year End Snapshot of White Bear Lake, MN Home Sales Statistics
  
• 2009 Year End Snapshot of White Bear Township, MN Home Sales Statistics
  
• 2009 Year End Snapshot of Wyoming, MN Home Sales Statistics

 

More Anoka County Articles that Might be of Interest:

Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!Extremely Affordable Minnesota Lakeshore!
Buying a Home on Minnesota Wetland--Affordable Beauty and Privacy!
Wetland, Lakeshore and Foreclosure--What Does a Minnesota Homeseller Have to Disclose?
Attn: Homebuyers—Are YOU a Veteran? Seven Steps to a VA Loan

The number of closed sales made a dramatic rebound in Lino Lakes, Minnesota in 2009. After an over 25% decline in homes sold in 2008 in the Lino Lakes area, there was a similar resurgence of buyers in 2009. With the lower average price point, this was undoubtedly the result of the first time home buyer tax credit combined with bank owned and mediated inventory on the real estate market. It took about a couple of weeks longer to sell a home in Lino Lakes, Minnesota in 2009 but overall homes were selling in this Anoka County community. The number of new listings was up over 8% during the year, but that does not mean that inventory levels are high. In the lower price points, real estate inventory is very manageable. CLICK HERE for more Lino Lakes 2009 statistics by price point.

Like much of the real estate in the Minneapolis/St. Paul area, Lino Lakes, MN in Anoka County has seen reduced inventory and increased market times in 2009. This year nearly twice as many properties sold but the average selling price was directly affected by the bank owned and lender mediated properties on the market. Traditional homes had longer market times but properties were selling throughout the Lino Lakes area.

Though Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

The year end numbers for Lino Lakes sales show area homes were selling slower than last year with an average of 170 cumulative days on the market (CDOM) for sold properties compared with 160 CDOM in 2008. But current inventory levels are much lower than last year. Looking at homes priced under $300,000, there is about 4-5 months of inventory. This time last year, there were nearly 12 months of inventory in this price category.

And the lower inventories are also in higher price points too. Based on the year end statistics, it will now take about 6 months to sell the current inventory of homes with a $300,000-$400,000 price tag. This is down considerably in Lino Lakes from last year when the inventory level hovered around the 12 month mark for absorption. In the $400,000-$500,000 we are just under that one year time period for absorption while over half a million homes there is about 3 YEARS of inventory. While this is not ideal, it is certainly with in the norm when compared to surrounding Anoka County areas.

2009 Average Sales Price of all homes sold in Lino Lakes:

All Homes $229,622
Single Family Homes $251,780
Townhomes/Condos $150,266

2009 Average Cumulative Days on Market in Lino Lakes:

All Homes 170
Single Family Homes 174
Townhomes/Condos 150

4th Quarter Lino Lakes residential real estate statistics for single family homes:

Under $200,000~ 10 Active Listings, 3 Pending Listings, 49 Sold Listings, 155 CDOM
$200,000-$300,000 ~ 32 Active Listings, 3 Pending Listings, 57 Sold Listings, 180 CDOM
$300,000-$400,000 ~ 16 Active Listings, 2 Pending Listings, 33 Sold Listings, 192 CDOM
$400,000-$500,000 ~ 9 Active Listings, 0 Pending Listings, 10 Sold Listings, 167 CDOM
$500,000 and Up~ 11 Active Listings, 0 Pending Listings, 4 Sold Listings, 262 CDOM

Year End 2009 Lino Lakes residential real estate statistics for townhomes and condos:

Under $200,000~ 23 Active Listings, 6 Pending Listings, 39 Sold Listings, 143 CDOM
$200,000-300,000~5 Active Listings, 0 Pending Listings, 2 Sold Listings, 258 CDOM
$300,000-$400,000 ~ 0 Active Listings, 0 Pending Listings, 2 Sold Listings, 165 CDOM

Lakeshore available in Lino Lakes
3 Active Listings

Lino Lakes lakeshore price range: $595,000-$1,118,000
1 Home on Amelia Lake
2 Homes on Reshanau Lake

Acreage properties available in Lino Lakes

16 properties listed on 1-3 Acres priced between $126,000-$595,000.
7 properties listed on 5-10 Acres priced between $300,000-$805,000
1 property listed on 29 Acres priced at $749,000
1 property listed on 80 Acres priced at $6,000,000

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/09 through 12/31/09.

More Anoka County Articles 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!
  
• Extremely Affordable Minnesota Lakeshore!
  
• It Passed! Details on the Extended and Expanded Tax Credit for Homebuyers
  
• Could it be the WINTER to Move Up to a Bigger House? YES!!

Looking for a good deal on lakeshore or acreage in the Minneapolis/St. Paul area north metro? Lino Lakes, MN in Anoka County might be just the ticket. 2009 had seen an abundance of sales in the lower price points with bank owned and lender mediated properties impacting the market. Traditional homes had longer market times and by the end of the 3rd quarter properties were starting to move in even the higher price points.

Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

Like other communities in the Twin Cities, Lino Lakes homes priced under $300,000 are selling while those priced over $300,000 are lingering on the market. Inventory is way down in the under $200,000 single family home category and sales are strong up in the $200,000 to $300,000 categories for both single family and townhomes. The third quarter cumulative days on market (CDOM) statistic is much lower than for the average CDOM first quarter of 2009 (142 versus 192). It is also better than the CDOM for all of 2008 (142 versus 160). Looking at current inventory levels and the rate of sales for single family homes priced under $200,000, there is about 3-4 months of inventory. And a bit higher with 7-8 months of inventory at the $200K-$300K price point. Surprisingly even the inventory levels in the $300K-$400K range of Lino Lakes single family homes has made quite a bit of progress this summer. This category also is under a year's worth of inventory as it has about 10-11 months worth. Hopefully this will be a trend we see continue as we end 2009 and one that will continue into the new year.

Townhomes continue to struggle even with the $8000 tax credit for first time buyersthat helped make so much difference in the single family home market. In every price category, there continues to be significant inventory and this doesn't include all of the non-MLS listed new construction townhomes in the area either. Motivated sellers will have to be very aggressive with their pricing if they need to sell a townhome in Lino Lakes. Buyers considering townhomes in the Twin Cities north metro have quite an opportunity to make a deal in the Lino Lakes area.

1st Quarter Lino Lakes residential real estate statistics for single family homes:
Under $200,000~ 11 Active Listings, 10 Pending Listings, 8 Sold Listings, 164 CDOM
$200,000-$300,000 ~ 42 Active Listings, 9 Pending Listings, 16 Sold Listings, 146 CDOM
$300,000-$400,000 ~ 28 Active Listings, 4 Pending Listings, 9 Sold Listings, 101 CDOM
$400,000-$500,000 ~ 20 Active Listings, 1 Pending Listings, 1 Sold Listings, 91 CDOM
$500,000 and Up~ 10 Active Listings, 0 Pending Listings, 0 Sold Listings
1st Quarter Lino Lakes residential real estate statistics for townhomes and condos:

Under $200,000~ 26 Active Listings, 1 Pending Listings, 4 Sold Listings, 162 CDOM
$200,000-$300,000 ~ 11 Active Listings, 4 Pending Listings, 0 Sold Listings
$300,000-$400,000 ~5 Active Listings, 0 Pending Listings, 0 Sold Listings

Lakeshore available in Lino Lakes as of 10/11/2009

6 Active Listings

Lino Lakes lakeshore price range: $342,900-$1,118,000
1 Home on Amelia Lake
1 Home on Otter Lake
4 Homes on Reshanau Lake

Acreage properties available in Lino Lakes as of 10/11/2009

15 properties listed on 1-2 Acres priced between $149,900-$619,000.
5 properties listed on 2.1-5 Acres priced between $180,000-$349,900
5 properties listed on 5.1-10 Acres priced between $349,000-$1,118,000
1 property listed on 10.96 Acres priced at $595,000
1 property listed on 29.52 Acres priced at $749,000
1 property listed on 80 Acres priced at $6,000,000

Click HERE to Search for Minnesota Lakeshore Home!

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 7/1/09 through 9/30/09.
Home Sales Statistics for other communities in the north metro:

Lino Lakes MN Real Estate Market Statistics 2nd Quarter 2009
Forest Lake MN Real Estate Market Statistics 2nd Quarter 2009
Forest Lake MN Real Estate Market Statistics 3rd Quarter 2009
Blaine, MN Real Estate Market Statistics 2nd Quarter 2009
Ham Lake Real Estate Market Statistics 2nd Quarter 2009
Ham Lake, MN Real Estate Market Statistics for 3rd Quarter 2009

More Anoka County Articles that Might be of Interest:

• Extremely Affordable Minnesota Lakeshore!
  
• Buying a Home on Minnesota Wetland--Affordable Beauty and Privacy!
  
• Think Now is a GREAT Time to Make a DEAL on a MN Lakeshore Home? You Are SO Right!
  
• September 2009 Twin Cities Real Estate Market Video Update-Real Estate Statistical Crystal Ball Fuzzy after Tax Credit Expires
  
• Minnesota Lakeshore and Wetland Homesellers--What Should be on the Disclosure?

Lino Lakes in Anoka County, MN was a great place to scout out a great deal on lakeshore or acreage in the Minneapolis/St. Paul area north metro during the second quarter of 2009. Directly impacted by the promise of an $8000 tax credit for first time buyers, bank owned and lender mediated properties flew off the Lino Lakes market. Traditional homes also saw an upswing in sales in the lower price points...heck in almost every price point. Even townhomes in this area have started to sell at a quicker pace, though not at higher prices.

Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

Lino Lakes single family homes in the low price points did not lingering on the market during the second quarter. The cumulative days on market (CDOM) statistic was down considerably to 174 in the second quarter compared 192 in first quarter. It is still higher than for the average CDOM of 160 that was for all of 2008. But obviously homes are starting to sell in Lino Lakes neighborhoods. Looking at current inventory levels and the rate of sales during the 2nd quarter for homes priced under $300,000, there is about 6 months of inventory for single family homes and 10 month of inventory on town homes.

Surprisingly, Lino Lakes homes in the $300,000- $400,000 price point are also starting to sell as people look for deals on acreage and lake homes with a quick commute to either downtown area. High end homes are not selling however. With two sales in the past six months over $500,000, it will take three years for the current high end inventory to sell.

2008 Average Sales Price of all homes sold in Lino Lakes:·
All Homes $259,826 Single Family Homes $276,580 Townhomes/Condos $169,074

2008 Average Cumulative Days on Market in Lino Lakes:
All Homes 160 Single Family Homes 157 Townhomes/Condos 178

2nd Quarter Lino Lakes residential real estate statistics for single family homes:

Under $200,000~ 17 Active Listings, 2 Pending Listings, 14 Sold Listings, 159 CDOM
$200,000-$300,000 ~ 40 Active Listings, 6 Pending Listings, 13 Sold Listings, 160 CDOM
$300,000-$400,000 ~ 27 Active Listings, 7 Pending Listings, 7 Sold Listings, 155 CDOM
$400,000-$500,000 ~ 10 Active Listings, 0 Pending Listings, 5 Sold Listings, 227 CDOM
$500,000 and Up ~ 12 Active Listings, 0 Pending Listings, 2 Sold Listings, 370 CDOM

2nd Quarter Lino Lakes residential real estate statistics for townhomes and condos:
Under $200,000~ 25 Active Listings, 5 Pending Listings, 9 Sold Listings, 121 CDOM
$200,000-$300,000 ~ 8 Active Listings, 1 Pending Listings, 1 Sold Listings, 430 CDOM
$300,000-$400,000 ~ 1 Active Listings, 0 Pending Listings, 2 Sold Listings, 165 CDOM

Lakeshore available in Lino Lakes as of 6/30/2009
4 Active Listings
Lino Lakes lakeshore price range: $375,000-$648,000
1 Home on Otter Lake 2 Homes on Reshanau Lake

Acreage properties available in Lino Lakes as of 6/30/2009
14 properties listed on 1-2 Acres priced between $159,900-$648,000

4 properties listed on 2.1-5 Acres priced between $239,900-$550,000

5 properties listed on 5.1-10 Acres priced between $249,900-$750,000

1 property listed on 10.96 Acres priced at $660,000

1 property listed on 29 Acres priced at $849,900

1 property listed on 80 Acres priced at $6,000,000

Click HERE to Search for Minnesota Lakeshore Home!

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 4/1/09 through 6/30/09.

Home Sales Statistics for other communities in the north metro:

• Lino Lakes, MN Real Estate Market Statistics Year End 2008
• Blaine, MN Real Estate Market Statistics for Second Quarter 2009
• Forest Lake, MN Real Estate Market Statistics 2nd Quarter 2009
• Ham Lake, MN Real Estate Market Statistics for 2nd Quarter 2009

More Anoka County Articles that Might be of Interest:
Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!
Extremely Affordable Minnesota Lakeshore!
Buying a Home on Minnesota Wetland--Affordable Beauty and Privacy!
Dreaming of Life on Minnesota Acreage? Must have INFO Before YOUR Move!
Wetland, Lakeshore and Foreclosure--What Does a Minnesota Homeseller Have to Disclose?
Attn: Homebuyers-Are YOU a Veteran? Seven Steps to a VA Loan

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet, Homebuyers Success Packet or sign up for Listingbook Twin Cities Home Search. 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.

Buying a Home? Check out my new HOME BUYER'S BLOG!

Copyright 2009 Teri Eckholm http://www.terieckholm.com/

******************************************************************************************************

LIKE MY BLOG? Subscribe and let me email you an update!

Subscribe to Teri's Notes & Anecdotes on Twin Cities Real Estate by Email

Looking for a good deal on lakeshore or acreage in the Minneapolis/St. Paul area north metro? Lino Lakes, MN in Anoka County might be just the ticket. First quarter sales have seen sales in the lower price points with bank owned and lender mediated properties impacting the sales. Traditional homes had longer market times but some properties were selling.

Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

Lino Lakes single family homes are lingering on the market for about a month longer in this first quarter of 2009. The first quarter cumulative days on market (CDOM) statistic is much higher than for the average CDOM of 2008 (192 versus 160) Looking at current inventory levels and the rate of sales for homes priced under $300,000, there is about 10-11 months of inventory. This does seem a little longer than in surrounding communities. Hopefully things will pick up again now that spring as just about sprung.

While homes under $200,000 in Lino Lakes appear to have about 10 months of inventory, homes in the $200,000- $300,000 price point are looking at twice the inventory and market time. Townhomes are moving even slower with about three years of inventory. High inventory combined with low interest rates and an $8000 tax credit for first time buyers makes it a great time to consider buying Lino Lakes home.

2008 Average Sales Price of all homes sold in Lino Lakes:

· All Homes $259,826
· Single Family Homes $276,580
· Townhomes/Condos $169,074

2008 Average Cummulative Days on Market in Lino Lakes:

· All Homes 160
· Single Family Homes 157
· Townhomes/Condos 178

1st Quarter Lino Lakes residential real estate statistics for single family homes:

Under $200,000~ 21 Active Listings, 4 Pending Listings, 6 Sold Listings, 84 CDOM

$200,000-$300,000 ~ 46 Active Listings, 3 Pending Listings, 7 Sold Listings, 270 CDOM

$300,000-$400,000 ~ 29 Active Listings, 1 Pending Listings, 1 Sold Listings, 125 CDOM

$400,000-$500,000 ~ 10 Active Listings, 0 Pending Listings, 3 Sold Listings, 223 CDOM

$500,000 and Up ~ 14 Active Listings, 1 Pending Listings, 1 Sold Listings, 275 CDOM

1st Quarter Lino Lakes residential real estate statistics for townhomes and condos:

Under $200,000~ 27 Active Listings, 7 Pending Listings, 3 Sold Listings, 158 CDOM

$200,000-$300,000 ~ 5 Active Listings, 0 Pending Listings, 0 Sold Listings

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

Lakeshore available in Lino Lakes as of 3/31/2009
4 Active Listings

Lino Lakes lakeshore price range: $265,000-$648,000
1 Home on Baldwin Lake
1 Home on Otter Lake
2 Homes on Reshanau Lake

Acreage properties available in Lino Lakes as of 3/3/2009

15 properties listed on 1-2 Acres priced between $169,900-$799,900.
3 properties listed on 2.1-5 Acres priced between $249,900-$550,000
2 properties listed on 5.1-10 Acres priced between $349,000-$650,000
1 property listed on 10.92 Acres priced at $279,900
1 property listed on 29 Acres priced at $849,900
1 property listed on 80 Acres priced at $6,000,000

Click HERE to Search for Minnesota Lakeshore Home!

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/09 through 3/31/09.


Home Sales Statistics for other communities in the north metro:

Lino Lakes, MN Real Estate Market Statistics Year End 2008
Snapshot of Ham Lake Year End 2008 Home Sales Statistics
Snapshot of Lino Lakes Year End 2008 Home Sales Statistics
Snapshot of Forest Lake Year End 2008 Home Sales Statistics
Snapshot of Andover, MN Year End 2008 Home Sales Statistics
Snapshot of Columbus, MN 2008 Year End Home Sales Statistics
Snapshot of Wyoming, MN 2008 Year End Home Sales Statistics
Snapshot of Blaine MN Year End 2008 Home Sales Statistics
Snapshot of Coon Rapids Year End 2008 Market Statistics
Snapshot of Linwood, MN Year End 2008 Home Sales Statistics
Snapshot of East Bethel, MN Year End 2008 Home Sales Statistics

More Anoka County Articles that Might be of Interest:

• Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!
  
• Extremely Affordable Minnesota Lakeshore!
  
• Buying a Home on Minnesota Wetland--Affordable Beauty and Privacy!
  
• Dreaming of Life on Minnesota Acreage? Must have INFO Before YOUR Move!
  
• Wetland, Lakeshore and Foreclosure--What Does a Minnesota Homeseller Have to Disclose?
  
• Attn: Homebuyers-Are YOU a Veteran? Seven Steps to a VA Loan

If you are buying or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet, Homebuyers Success Packet or sign up for Listingbook Twin Cities Home Search. 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.

Buying a Home? Check out my new HOME BUYER'S BLOG!

Copyright 2009 Teri Eckholm http://www.terieckholm.com/

******************************************************************************************************

LIKE MY BLOG? Subscribe and let me email you an update!

Subscribe to Teri's Notes & Anecdotes on Twin Cities Real Estate by Email

Like much of the real estate in the Minneapolis/St. Paul area, Lino Lakes, MN in Anoka County is amazingly affordable. This year properties sold but the average selling price was directly affected by the bank owned and lender mediated properties on the market. Traditional homes had longer market times but properties were selling.

Though Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

The year end numbers for Lino Lakes sales show area homes were selling slower than last year with an average of 160 days on the market for sold properties (DOM) compared with 141 days DOM in the fourth quarter of 2007. Looking at current inventory levels and the rate of sales for homes priced under $300,000, there is about 10-11 months of inventory. This does seem a little longer than in surrounding communities. Hopefully things will pick up again as the snow melts away.
While homes under $300,000 in Lino Lakes have a manageable inventory level high end homes continue to sell at a slower pace but surprisingly, not by much. Based on the year end statistics, it will now take about 13 months to sell the current inventory of homes above the $400,000 price tag. This is down considerably in Lino Lakes from last year when the inventory level hovered around the two year mark for absorption. Surrounding Anoka County areas still have 2 plus years of inventory as we started 2009.

2008 Average Sales Price of all homes sold in Lino Lakes:

• All Homes $259,826
  
• Single Family Homes $276,580
  
• Townhomes/Condos $169,074

2008 Average Cummulative Days on Market in Lino Lakes:

• All Homes 160
  
• Single Family Homes 157
  
• Townhomes/Condos 178

4th Quarter Lino Lakes residential real estate statistics for single family homes:

Under $200,000~ 43 Active Listings, 7 Pending Listings, 27 Sold Listings, 131 CDOM
$200,000-$300,000 ~ 45 Active Listings, 5 Pending Listings, 62 Sold Listings, 136 CDOM
$300,000-$400,000 ~ 29 Active Listings, 2 Pending Listings, 27 Sold Listings, 160 CDOM
$400,000-$500,000 ~ 8 Active Listings, 1 Pending Listings, 7 Sold Listings, 232 CDOM
$500,000 and Up~ 12 Active Listings, 1 Pending Listings, 7 Sold Listings, 267 CDOM

Lakeshore available in Lino Lakes as of 2/25/2009

3 Active Listings

Lino Lakes lakeshore price range: $499,000-$698,000
1 Home on Baldwin Lake
2 Homes on Reshanau Lake

Acreage properties available in Lino Lakes as of 2/25/2009

11 properties listed on 1-2 Acres priced between $192,500-$799,900.
3 properties listed on 3-5 Acres priced between $145,000-$550,000
3 properties listed on 5-10 Acres priced between $349,000-$650,000
1 property listed on 10.92 Acres priced at $279,900
1 property listed on 29 Acres priced at $849,900
1 property listed on 80 Acres priced at $6,000,000

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/08 through 12/31/08.

Year End 2008 Market Statistics for Other North Metro Communities:

• Blaine, MN Real Estate Market Statistics Year End 2008
  
• Forest Lake, MN Real Estate Market Statistics Year End 2008
  
• Ham Lake, MN Real Estate Market Statistics Year End 2008

More Anoka County Articles 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
Lakeshore Foreclosures Available in Anoka County

If you are buying or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet, Homebuyers Success Packet or sign up for Listingbook Twin Cities Home Search. 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.

Buying a Home? Check out my new HOME BUYER'S BLOG!

Copyright 2009 Teri Eckholm http://www.terieckholm.com/

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LIKE MY BLOG? Subscribe and let me email you an update!

Subscribe to Teri's Notes & Anecdotes on Twin Cities Real Estate by Email

The number of closed sales took a drastic drop in Lino Lakes, Minnesota in 2008. Over 25% fewer homes were sold last year in the Lino Lakes area than in 2007. The number of new listings is down as well along with the average price of a home sold. It took about a month longer to sell a home in Lino Lakes, Minnesota in 2008 compared to in 2007 but the Days on Market Statistic is still significantly lower than in some other north metro communities.. The average sales price for a home is down just over 14%. This probably reflects that more lower priced homes are selling than those at the higher price points as well as the flattening of home values. As in other Twin Cities north metro areas, affordability is up. If you are a home buyer looking for the right time to buy a Lino Lakes, this may be the best time in a long time to make your move!

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me 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.

Buying a Home? Check out my new HOME BUYER'S BLOG!

Copyright 2009 Teri Eckholm  http://www.terieckholm.com/

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LIKE MY BLOG? Subscribe and let me email you an update!

Subscribe to Teri's Notes & Anecdotes on Twin Cities Real Estate by Email

Lino Lakes continues to grow and real estate is affordable. Conveniently located near the junction of the 35E and 35W split north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

Real estate in Lino Lakes, MN in Anoka County is still selling. During the third quarter, single family homes had a cumulative days on the market statistic (DOM) of 151 days or about five months average selling time in the Lino Lakes area. While encouraging, these are summer numbers and it will be interesting to see if the momentum continues into the fall and winter. Active homes priced under $300,000 seem to be selling well and with thirteen in pending, it seems there is still some momentum as we head into October in this category. There currently is about a six month absorption rate meaning it will take six months for the current inventory of homes to be sold if no additional homes are listed. Lino Lakes existing homes continue to compete with available new construction in Hugo and Blaine. But as it is in southern Anoka County, its sales figures do not tend to be as stagnant as northern Anoka County communities like Ham Lake and Linwood.

High end home sales are starting to move in Lino Lakes. This is welcome news as no high end homes were sold in the first quarter of 2008. There were still just a handful of sales in the $400,000-$500,000 category but the 6 sales over $500,000 is an encouraging sign.
Acreage opportunities are abundant in the Lino Lakes area! From one acre parcels to 15 acre hobby farms, Anoka County as quite a selection of homes in the Lino Lakes area. Many have been on the market for a quite a while. With continued low interest rates, it is a great time to negotiate a deal on your piece of Minnesota acreage!

1st Quarter Lino Lakes residential real estate statistics for single family homes:

Under $300,000~ 50 Active Listings, 13 Pending Listings, 22 Sold Listings, 145 DOM
$300,000-$400,000 ~ 30 Active Listings, 1 Pending Listings, 7 Sold Listings, 145 DOM
$400,000-$500,000 ~ 13 Active Listings, 0 Pending Listings, 2 Sold Listing, 181 DOM
$500,000 and Up~ 13 Active Listings, 0 Pending Listings, 6 Sold Listings, 152 DOM

Lakeshore available in the City of Lino Lakes:

4 Active Listings
Lino Lakes lakeshore price range: $324,900-$698,000

1 Home on Baldwin Lake
1 Home on Otter Lake
2 Home on Reshanau Lake

Acreage properties available in Lino Lakes:

12 properties listed on 1-2 Acres priced between $89,900-$799,900
2 property listed on 3-5 Acres priced at $264,900-$550.000
3 properties listed on 5-10 Acres priced at $319,900-$579,900
1 property listed on 10-15 Acres priced at $689,900
1 property listed on 20 Acres priced at $429,900
1 property listed on 80 Acres priced at $6,000,000

**All Sold and Pending Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 7/1/08 through 9/30/08.

 Articles on Lino Lakes, Lakeshore and Minnesota that might be of interest:

• Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!
  
• EXTREMELY Affordable Minnesota Lakeshore!
  
• Forest Lake, MN Real Estate Market Statistics Third Quarter 2008
  
• Circle Pines & Lexington, MN Real Estate Market Statistics 3rd Quarter 2008
  
• Ham Lake, MN Real Estate Market Statistics 3rd Quarter 2008
  
• Uniquely Minnesota Artful Distraction-Homeowner Version: D'oh! Homer at Home in Centerville

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation 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.

Copyright 2008 Teri Eckholm  http://www.terieckholm.com/

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LIKE MY BLOG? Subscribe and let me email you an update!

Subscribe to Teri's Notes & Anecdotes on Twin Cities Real Estate by Email

Real estate in Lino Lakes, MN in Anoka County is still selling. Active homes in the lower price ranges seem to be up a bit but also continue to sell more quickly than homes in the higher priced categories. Lino Lakes existing homes continue to compete with available new construction in Hugo and Blaine. But as it is in southern Anoka County, it's sales figures do not tend to be as stagnant as northern Anoka County communities like Ham Lake and Linwood.

High end home sales continue to struggle for sales. No homes were sold in the last 3 months, for sellers in above the $500,000 price and just a handful of sales in the $400,000-$500,000 category. The DOM seems skewed by the quick sale of two listings compared to a 215 DOM last quarter. No doubt these homes were priced to sell from the time they were listed.

Acreage opportunities are abundant in the Lino Lakes area! From one acre parcels to 15 acre hobby farms, Anoka County as quite a selection of homes in the Lino Lakes area. Many have been on the market for a quite a while. With continued low interest rates, it is a great time to negotiate a deal on your piece of Minnesota acreage!

1st Quarter Lino Lakes residential real estate statistics for single family homes:

Under $300,000~ 54 Active Listings, 4 Pending Listings, 15 Sold Listings, 156 DOM

$300,000-$400,000 ~ 31 Active Listings, 2 Pending Listings, 4 Sold Listings, 215 DOM

$400,000-$500,000 ~ 13 Active Listings, 1 Pending Listings, 1Sold Listing, 68 DOM

$500,000 and Up~ 16 Active Listings, 0 Pending Listings, 0 Sold Listings N/A DOM

Lakeshore available in the City of Lino Lakes

1 Active Listings Lino Lakes lakeshore price range: $450,000

1 Home on Otter Lake

Acreage properties available in Lino Lakes

9 properties listed on 1-2 Acres priced between $189,900-$859,900.
2 properties listed on 2-3 Acres priced between $254,000-$269,900
1 property listed on 3-5 Acres priced at $269,900
2 properties listed on 5-10 Acres priced at $319,900-$379,900
1 property listed on 10-15 Acres priced at $408,900
1 property listed on 80 Acres priced at $6,000,000

**All Sold and Pending Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1 /1/08 through 3/31/08.

Articles on Lino Lakes, 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
  
• Lino Lakes, MN Real Estate Market Statistics 4th Quarter 2007
  
• Uniquely Minnesota Artful Distraction-Homeowner Version: D'oh! Homer at Home in Centerville

If you are buying, selling or relocating to Lino Lakes, Minnesota and need help from a professional Realtor, give me a call or visit my website for a FREE Relocation 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.