Real Estate Blog for the North & East Twin Cities

Oakdale is a community that has continued to expand and develop in the east metro of the Twin Cities. Just drive Hadley Avenue, Century Avenue or Interstate 694 to see all of the new retail establishments and residential developments to get an idea of how continuous changes have affected the community over the past several years. Conveniently located along I694 and north of I94, Oakdale is a vibrant part of Washington County. The community is served by the North St Paul/Maplewood/Oakdale School District #622 and is home to the Tartan Titans. The Tartan High School name is no doubt reflective of the roots of the international company 3M and Scotch Tape, with its distinctive red and/or green tartan plaid logo. The 3M main headquarters is located on the eastern border of Minnesota's capital city, St. Paul, a border shared with the community of Oakdale.

Oakdale has an eclectic mix of housing opportunities. There are older communities with large yards and renovated farm homes as well as newer developments with townhomes, condos, twinhomes and single family dwellings. Whatever your housing needs, Oakdale is an area with various affordable choices to meet the requirements of all types of families.

Single family home sales were steady throughout the 3rd quarter in the Oakdale area. In fact higher priced homes seemed to do better than in the earlier quarters. However, townhome sales slowed significantly in all pricepoints compared to sales in the first half of the year. Oakdale townhome sellers will need to be aggressive if they want to sell their townhome/condo this year.

2009 Average Sales Price of all homes sold in Oakdale:

• All Homes $163,343
• Single Family Homes $194,018
• Townhomes/Condos $125,222

2009 Average Cumulative Days on Market in Oakdale:

• All Homes 134
• Single Family Homes 114
• Townhomes/Condos 159

3rd Quarter Oakdale residential real estate statistics for single family homes:

Under $200,000~ 58 Active Listings, 14 Pending Listings, 28 Sold Listings, 81 CDOM

$200,000-300,000~ 37 Active Listings, 6 Pending Listings, 21 Sold Listings, 113 CDOM

$300,000-$400,000 ~ 6 Active Listings, 3 Pending Listings, 3 Sold Listings, 208 CDOM

$400,000+ ~ 4 Active Listings, 0 Pending Listings, 0 Sold Listings

3rd Quarter Oakdale residential real estate statistics for townhomes and condos:

Under $200,000~ 137 Active Listings, 27 Pending Listings, 19 Sold Listings, 182 CDOM

$200,000-300,000~ 42 Active Listings, 7 Pending Listings, 2 Sold Listings, 159 CDOM

$300,000-$400,000 ~ 10 Active Listings, 3 Pending Listings, 2 Sold Listings, 230 CDOM

$400,000+ ~ 14 Active Listings, 0 Pending Listings, 0 Sold Listings

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

**All Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 7/1/10 through 9/30/10.

FEATURED OAKDALE LISTING:

6794 Upper 28th St, Oakdale MN 55128

Articles on Real Estate that might be of interest:

• Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!
• Twin Cities First Time Homebuyer Class—What You Really Need to Know to Buy YOUR First House
• Inspection, Pre-Inspection, Truth-In-Housing and Disclosures? What Does a Seller Need to Sell a Home?
• Does "Minnesota Nice" Affect the Real Estate Market? "Yah, You Betcha!"