Real Estate Blog for the North & East Twin Cities

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Snapshot of 2009 Year End Andover, MN Market Statistics

Snapshot Andover, MN by Teri Eckholm Realtor

Closed sales are up once again in Andover in 2009. A 21% increase of closed sales shows that homes are selling again in this Anoka County suburb. However, the down side is that average price has dropped again by almost 11%. An average sale in Andover is just under $220,000 down by 8.7%. This is probably a combination of the trend for many lender-mediated sales with few high valued homes sold this past year anywhere in the Twin Cities metro. A good point is that in this Anoka County community is time on the market has stayed flat this year. While it would be better to see homes start to sell more quickly as many neighboring communities did, it is still good that the market time did not increase in 2009. Home buyers can still view Andover as one of the affordable options in the Twin Cities north metro!

Real estate Statistics Andover, MN by Teri Eckholm Realtor

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.

 

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

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Comments

Teri,
I like the way that you did your presentation and with that great picture, I have written befoer that I need to do things like that, but I haven't I need to follow you :)

Posted by Aurora Colorado Real Estate Ray Saenz, Colorado Realtor (United Property Brokers, Inc) 6 months ago

Ray--Thanks! People really are looking for statistics on area home sales for specific communities. If you post them for the areas you work in, it really helps as people know you know what is going on in that particular area.

Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) 6 months ago

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