Circle Pines is a small city, approximately 2 square miles, in Anoka County. The neighboring community, Lexington is even smaller encompassing less than one square mile of land. Both little communities are often overlooked since they are sandwiched between Blaine, Lino Lakes just to the north of Shoreview.
Circle Pines might be small but is thriving and has a unique history. According to Circle Pines and Lexington History, it was one of the first cooperative communities started in 1946 in an area between the townships of Blaine and Centerville in Southern Anoka County. According to the Circle Pines website, the symbol of the cooperative was a pine tree with a circle around it; thus the name Circle Pines. Though the unique development idea only lasted 3 years due to financial and leadership problems, the name remained. One benefit of its cooperative past is that Circle Pines is the only suburban city that operates its own natural-gas distribution company which serves part of Lino Lakes. The community is a part of the Centennial School District is home to Golden Lake and acres of wetlands.
Real estate in the communities of Circle Pines and Lexington is affordable and selling. Single family homes are affordable and tend to sell briskly compared with other communities in Anoka County. Single family homes are staying on the market an average of 115 CDOM (Cumulative Days on the Market.) Like neighboring areas, higher priced homes sales are stagnant or non-existent in the Circle Pines/Lexington community. The overall DOM is not affected too drastically as there are very few high price point homes in this area. Townhomes/condos are selling a bit more slowly with a 163 CDOM. Prices reductions on townhomes are drastic in this area due to the abundance of new construction in the neighboring community of Blaine. Amazing deals can be had for the astute first time condo home buyer.
2008 Mid Year Sales Statistics for Circle Pines/Lexington residential real estate statistics for single family homes:
Under $200,000~ 17 Active Listings, 2 Pending Listings, 12 Sold Listings, CDOM 124
$200,000-$300,000 ~ 9 Active Listings, 0 Pending Listings, 4 Sold Listings, CDOM 86
$300,000-$400,000 ~ 0 Active Listings, 0 Pending Listings, 0 Sold Listings, CDOM 265
$400,000-$500,000~ 2 Active Listings, 0 Pending Listings, 0 Sold Listings
$500,000 and Up ~ 4 Active Listings, 0 Pending Listings, 0 Sold Listings
2008 Mid Year Sales Statistics for Circle Pines/Lexington residential real estate statistics for townhomes and condos:
Under $200,000~ 23 Active Listings, 1 Pending Listings, 8 Sold Listings, CDOM 163
$200,000-$300,000 ~ 5 Active Listings, 0 Pending Listings, 0 Sold Listings
**All Statistical information based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 7/1/08 through 9/30/08.
Photo Featured Circle Pines Listing:
401 Village Parkway, Circle Pines, MN 55014
Other Listings in the Northern Metro:
Articles on Lakeshore and Minnesota that might be of interest:
- Anoka County Foreclosures Rate Highest in Metro-How Does this Affect Homeowners?
- Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!
- EXTREMELY Affordable Minnesota Lakeshore!
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. 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.
Copyright 2008 Teri Eckholm http://www.terieckholm.com/
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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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You always have informational local area posts to the give the consumer facts!
Teri your Circle Pines & Lexington, MN market report is packed with great information. I can see wht you are the Realtor of choice for the area. You know your market well!
Teri - Just love your marketing reports and how you add a little bit of information about the area. It is just so unique.
Sally--Thank you! I try to keep residents informed!
Bill--Thanks!! There are several communities in my area and each has different statistics. It is very important to be informed on all of the different areas.
Sandra--Thank you! I try to find something in each community to set it apart from the others.
Hi Teri, Now that was really interesting. Circle Pines sounds like a place that relies on its people to keep it thriving. Sounds like a great little place. Love the name. Circle Pines sound almost western. This is wonderful post Teri and it has a story, a message and market stats as well. This is better of the localism posts I have seen. Well done!
Teri - Your area sounds similar to mine in that there are a lot of different towns/nieghborhoods and they vary fairly significantly statistically.
William--Circle Pines is a nice little community. I am trying to post a bit of information on each community along with the marketing reports to make them more reader friendly. Glad you enjoyed it! And nice to see you back commenting too! :)
Bill--We have some very large counties in MN and while I do have a focused market and a specific radius, it encompasses several communities, counties and school districts. Looking at just a county will not give the information buyers and sellers need to understand the merket. Doing several reports quarterly gives people more specific information and hopefully it is more useful to their decision making.
I am happy to know that I am not alone in having to report on so many communities. :)