
Home sales are up in Columbus, Minnesota which is well known for its acreage properties but like most neighboring communities, prices are not. In this Anoka County community, just west of Forest Lake, home sales rose over 37% from 2008 to 2009. The average price of a home dropped nearly 11% and fewer homes were listed on the market. Decreased inventory helped sellers to keep more dollars in their pockets during negotiations than in some neighboring communities although the ratio of percentage of list to sale price did go down. With average days on the market also down considerably for the first time in two years, it appears that buyers are making decisions quickly on acreage homes in Columbus, Minnesota.
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 HOME BUYER'S BLOG!
Copyright 2010 Teri Eckholm http://www.terieckholm.com/
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Before you know it we will see the prices start to rebound and interest rates move up. Sounds like a great time to buy.
Hey Teri,
You are the expert when it comes to the statistics :) I'm doing the same in my areas, so still need to do many more, keep the good work :)