Stabilization is the word that best describes the real estate market in the community of Forest Lake Minnesota. In 2011 compared to 2010 most statistics were pretty much status quo. New listings are down by over 10% and closed sales up by 12% but the average sales price did not take a hit nor did the days on the market go up or down considerably. Currently the average price is just a tad less than the 2010 average at $171,139. Price per square foot held strong at $91/sq ft which is comparable to other communities in the Washington County/east Anoka County area. Closed sales being up12% shows that buyers are interested in the Forest Lake area and that the market is continuing to improve.
For additional details on the inventory levels in Forest Lake MN at the end of 2011, 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..JPG)
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Copyright 2012 Teri Eckholm http://www.terieckholm.com/
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Hi Teri
Nice snapshot of market statistics in Forest Lake. You do such a great job
Hi Teri, Looks like your market is stable and I think you will see it grow soon. I also love the film frame. Would you consider sharing the source. Just terrific.
Tom--Thank You!
William--Here's the link for the framing tool. It is FILM frame. It is perfect for these reports. http://bighugelabs.com/frame.php
Teri
What a nice snapshot of home ctivity in Forest Lake Minnesota. Tom Braatz says you are the nicest lady in Minnesota and th referral source for anyone needing to get a home sold in your area.