Real Estate Blog for the North & East Twin Cities

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Snapshot of Centerville Year End 2008 Market Statistics

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The number of new listings is down in significantly in Centerville, Minnesota and surprisingly so it the average days on the market. Homes sold almost three weeks faster in 2008 than in 2007. Centerville home sellers are negotiating on prices as indicated by the ratio of original price to sold price being down under 90%. That is good news for buyers as combined with the average sales price being down a bit too, Centerville is looking like a very affordable place to call home!

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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 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.

Buying a Home? Check out my new HOME BUYER'S BLOG!

Copyright 2009 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, 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.

 

Buying a Home? Check out my HOME BUYER'S BLOG!

Copyright 2010 Teri Eckholm http://www.terieckholm.com/

******************************************************************************************************

LIKE MY BLOG? Subscribe and let me email you an update!

Subscribe to Teri's Notes & Anecdotes on Twin Cities Real Estate by Email

 

Comments

Your stats look similar to my area. Activity seems to be picking up. Hopefully we will have a strong Spring.

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

Looks like good news except for the sales price if sales continue prices will start moving up.

Posted by Terry Bonnie Westbrook Westbrook Realty Grand Rapids Forest Hills MI Real Estate (Westbrook Realty Broker-Owner) about 1 year ago

Hi Teri, I t certainly looks like your market has stabilized and though it is a bit lower ( an housing affordability has increased somwhat) stable is good and will stands a good chance of improving by years end. I remain very optimistic as you see!

Posted by San Diego Real Estate Voice authored by William Johnson GRI CRS e-Pro CDPE (RE/MAX Associates) about 1 year ago

Teri  Our listings are down, but loaded with short sales and REO's.  Looks like buyers should find some real solid reasons to buy in Centreville,  Karen

Posted by Karen Kruschka - Prince William, Fairfax ,Stafford County VA Real Estate Service (RE/MAX Olympic Realty) about 1 year ago

Hi Teri,
Your market seems to be pretty stable in Centerville, that's good and let's hope better times are in our future.

Posted by Cynthia Tilghman, Realtor® Onslow County NC Home Specialist (Kingsbridge Realty, Inc) about 1 year ago

Bill--Centerville is a small community in Anoka County that seems to be starting to stablize. It is only one of a very few areas where DOM is going down rather than up.

Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) about 1 year ago

Terry--Centerville is fortunate as other neighboring communities have seen more drastic drops than 6%.

Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) about 1 year ago

Karen--This community is showing signs of stabilzation but there are REO and short sales scattered throughout Anoka County too. I agree, it is a good time to buy a Centerville home!

Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) about 1 year ago

William--We have amazing affordability in the north and east Twin Cities metro right now! Buyers are noticing too as I have seen multiple offers on several area homes lately.

Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) about 1 year ago

Cynthia--Stabilization and better times ahead...I agree that would be a great thing for 2009!

Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) about 1 year ago

Teri, To me it looks like good news, it's almost the same as last year, just down a little.  What I've seen here are VERY different numbers--and still falling.

Posted by Carole Provenzale and Laura Cerrano Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) about 1 year ago

Carole--Centerville is one community in Anoka County that faired pretty well last year.

Posted by Teri Eckholm, REALTOR® Anoka County Acreage & Lakeshore Homes (REMAX Specialists) about 1 year ago

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