There were just a few more closed sales in Chisago during 2009 over 2008 but the average sales price was down significantly for the second year in a row. New listings were down almost 21% over the previous year. Sellers are receiving just slightly less than they did in 2008 with as the accepted sales price ratio compared to list price ratio is down just a bit. At 89% it remains one of the lowest in the north and east metro communities I work in as many communities saw an improvement in this ratio this year. Market time is up significantly to well over 200 days. Buying a home in Chisago City could continue to be a very affordable option as there appears to be plenty of sellers still on the market and willing to negotiate on the list price of their properties.
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..JPG)
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Copyright 2010 Teri Eckholm http://www.terieckholm.com/
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Teri,
Makes the point that it's a good time to buy with lower prices and good incentives such as the tax credit.!
Dear Teri,
Please update your title so it will be spelled correctly, anyway these stats on Chicago MN seems that 2008 compared to 2009 was a little bit better especially for the average sales price, but on regards the actives was closed a little bit more in the 2009, so it depends who you look the chart, great info :)