Real Estate Blog for the North & East Twin Cities

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Year End 2010 Snapshot of Oakdale, MN Home Sales Statistics

Closed sales were down somewhat in Oakdale in 2010 but the average closed sales price was up a bit. This follows a great 2009 when homes sales were up nearly 38% from the previous year so a drop of just over 6% does not mean homes are not selling in this popular Washington County suburb just east of St. Paul. The average price is up 2.5% so many of the lender mediated properties have worked their way out of the system with a tad more higher valued traditional homes sold this past year. Market time being down is also a good indicator that this Washington County community is moving toward a more balanced market between buyers and sellers. Buyers looking to take advantage of the lower prices and great affordability of Oakdale homes will need to make decisions soon as homes in the lower price points are selling quickly!
For additional details home sales in Oakdale, MN at the end of 2010, Click HERE.

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 FREE 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.

 

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Copyright 2012 Teri Eckholm http://www.terieckholm.com/

 

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Comments

Hi Teri,

Your numbers actually look pretty good to me, Our closings were also down slightly in 2010 vs. 2009. Our numbers reflected a strong second 1/2 of 2009 for closings, I think many consumers wanted to be sure (not knowing an extension was coming) they received the tax credit.

So how are you doing with all that freezing weather? I think of you and a few others often when I hear the news and how cold things are your way.

Posted by Orange Co. Real Estate~Lynda Eisenmann, Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA (Preferred Home Brokers) over 1 year ago

Hi Teri,

How did your market do after the tax credit ended?  The entry to mid-range of our market fell off a cliff.  But the boom from the tax credit would be reflected in the yearly results.

Posted by Ruthmarie Hicks (Keller Williams Realty - White Plains NY) over 1 year ago

As usual a great job summarizing what is going on in the Oakdale market!

Posted by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) over 1 year ago

While the data is great and so useful, I always enjoy your MN photos!

Posted by Steve Scheer - Highlands Ranch Real Estate - Denver Real Estate (Realty Oasis - Metro Brokers) over 1 year ago

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