Real Estate Blog for the North & East Twin Cities

 

The real estate market in White Bear Township held relatively steady during 2011 compared to 2010. Closed sales were up in White Bear Township, Minnesota in 2009 2011 by almost 13% and there were only a few more homes listed than in the previous year. This northern Ramsey County township saw a drop in days on the market for the second straight year down to 137 DOM. The average home price dropped for the third consecutive year, down another 6 % in 2011 after a 9% drop in 2010 and 15% drop during 2009. However, with the cost per square foot at $100, the White Bear Township market is faring better than other communities in the north and east Twin Cities metro area. The average sales price for a home in White Bear Township is now just under $190,000 and remains an affordable area that is moving toward stabilization.

For additional details on the inventory levels in White Bear Township MN at the end of 2011, Click HERE.

The stability of real estate in White Bear Township in 2008 unfortunately did not continue into 2009.There were many more sales in White Bear Township, Minnesota in 2008 versus 2009 with closed sales up 40%. This northern Ramsey County township escaped much of the affects of 2008 but could not escape it into 2009. DOM went up a whopping 49% while the average home price dropped over 15%. From 2007 to 2008, prices were only down 3% so this 15% drop was a significant in prices for the area. The average sales price for a home in White Bear Township is now just under $225,000.

The RE/MAX balloon takes off from Benson Airport in White Bear Township.

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/

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Home sales were pretty stable in White Bear Township, Minnesota in 2008 versus 2007. In this northern Ramsey County township has weathered 2008 much better than the neighboring City of White Bear Lake. Home sales dropped just 7.4% and the average sales price held at just over $265,000 down only 2.9%. The days-on-the-market (DOM) was up by only 3 days for the year. White Bear Township is fortunate to have experienced a somewhat stable market in 2008.

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/

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

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

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