Minnesota Homebuyer Blog: October 2010

Monday, October 25, 2010

Oakdale, MN Real Estate Market Statistics 3rd Quarter 2010

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, 23 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:

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

Top 10 Reasons People L♥VE to Call OAKDALE, Minnesota HOME!

Oakdale, Minnesota has its roots in agriculture, railroads and resorts. Early settlers to the area in the 1800’s chose the name for the groves of trees that enhanced the

landscape. It started as a township organized in the 1850’s but it was over a century before Oakdale became a city. At one point Hudson Road at the south end of the city was an established stagecoach route to Chicago. Two railroads stations were an important part of putting Oakdale on the map. Lake Demontreville was once a popular summer home area for wealthy city dwellers, though it was once a part of Oakdale Township, it is now in neighboring Lake Elmo. From its humble beginnings, Oakdale became a city in 1974 and is noted worldwide for being headquarters for 3M and Imation. It is no longer a farming community. In the 1990’s the city became a growth suburb and expanded in population from just over 18,000 to nearly 27,000 residents which is where the estimates are today.

Here is a top ten list of reasons why Oakdale Minnesota is such a great place to live:

#10—Oakdale Summerfest. The annual event held every June features everything to celebrate summer! Parade, Oakdale royalty coronation, carnival rides, baseball/softball tourney, crafts and more are combined to make this a memory-making event for area residents.

#9—Fish or Swim. Oakdale’s Tanners Lake is fabulous places to share a day with friends at the beach or on the dock! Tanners is a wonderful place to spend an afternoon.

#8—Tee Off at Oak Marsh. Play 18 holes among the wetlands on this centrally located 70 par course. Not a golfer? The pros at Oak Marsh can help you learn. Even if golf isn’t your thing, you can enjoy a fantastic dinner and view. The Oak Marsh clubhouse is known for hosting everything from class reunions to wedding receptions as it boasts a full service banquet facility.

#7—Awesome Schools. Castle, Eagle Point, Oakdale and Skyview are the public elementary schools within the borders of Oakdale. All are part of the North St. Paul/Maplewood/Oakdale District 622 along and Skyview Middle School and Tartan High School. GO Titans! Additionally, there are several private schools in the community including Paidea Child Development Center and Transfiguration Elementary

#6—Parks and Open Spaces. Dozens of parks and open spaces to explore, picnic and play at are scattered throughout the City of Oakdale. There is one a short walk or bike ride away from nearly every residential community. Explore and enjoy!strong> Oakdale can celebrate being home to innovative corporations including #5—Industrial Innovation!Imation and 3M! Okay technically 3M Corporation is on Oakdale/St. Paul border but many Oakdale residents work at this company that is world renown for creating exciting new products.

#4—Entertainment! Looking for a great movie or place to eat? Oakdale has an eclectic variety of choices for every age group. Yelp and Metromix searches for Oakdale indicate there are culinary choices including Mexican, Chinese, Italian and Lebanese dining options.

#3— Discover Nature. Hands on exhibits and 220 acres of prairieland to explore make the Oakdale Nature Preserve and Discovery Center a fun family destination. Discover art; learn about nature; hike, bike & cross-country ski along miles of trails; or just sit back and enjoy view of the 28 acre lake from the observation dock. There is much to do at this award winning facility in the heart of Oakdale.

#2—Eclectic Options for Living. Whether you want the convenience of a low-maintenance townhome a 1950’s rambler or bungalow, or a recently constructed, modified two-story, you can find an affordable option to rent or purchase in Oakdale.

#1—Friendly People. The number one reason for living in Oakdale is the welcoming community atmosphere. Isn’t that what most people search for in a place to call home?

FEATURED LISTING in OAKDALE

6794 Upper 28th St, Oakdale MN 55128

Additional Articles that might be of interest:

Think You Could be at Home in Oakdale, MN?

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.

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

Monday, October 11, 2010

Teri's Picks for First Time Homebuyers in the Twin Cities North and East Metro--Homes LOADED with Upgrades!

Out of the hundreds of homes on the market in the Twin Cities only a handful are really good deals. As a first time buyer, it may be hard to tell the gems from the junk because the best deals for a novice homeowner isn't always the one that is the lowest priced. Some deals are hidden in the improvements a seller has made to the home. New siding or a remodeled kitchen could have cost thousands but sellers do not get a dollar for dollar return on their investment so homes with recent upgrades can be a bonanza of savings to a first time buyer.

As a REALTOR® who works in the north and east metro, I can quickly tell which properties are the potentiall great deals for a first time homebuyer. As I work throughout North St Paul, Maplewood, Oakdale, Mahtomedi, Hugo, White Bear and all communities in the north and east metro, I wanted to start a weekly list of some of the best deals I have spotted on the MLS for a first time buyer . This week's list features homes with upgrades and/or special features!

All the homes are listed by traditional sellers which means a buyer can close quickly as no bank approval will be required. Each of the homes on the list are less than 20 years old and have at least 3 bedrooms, 2 baths, an attached 3 car garage and central air conditioning. And everyone of these fantastic homes are priced under $240,000!

Take a Look at this Week's Top Ten:

1993 built 4 level split in Lino Lakes, 4BR/2BA/3 Car with walkout lower level to wooded backyard for $210K.
2001 built Centerville 3-Level with 3BR/2BA/3 Car with granite counters in updated kitchen and baths on 1/3 acre for $229,800.
Acre lot with 1992 built Ham Lake 3-Level with 3BR/2BA/3 Car featuring new kitchen & Stainless appliances for $214.900.
White Bear Township 1997 blt split entry with 3BR/2BA/3 stall garage with new flooring and large deck. Private and wooded for $214,900.
1993 3-Level in Stacy with 2200+ finished sq ft with beautiful stone fireplace. 4BR/3BA/3 Car $209.900.
4BR/2BA/3 Car attached 3-Level on 1/2 acre fenced lot in Wyoming built in 1997 $190K!
Near bike/walking trail this 4BR/3BA/3 Car Maplewood home built in 1996 has hardwood floors and gas fireplace for $239,900.
East Bethel/Wyoming 4-level 3BR/2BA/3 Car 2004 built on 2 ACRES w/granite counters and room to add additional bedrooms and bath. $234,900.
4BR/3BA/3 Car 1995 built Andover Modified 2 Story with new high quality cement board siding and maple floors on ¼ Acre w/ inground irrigation and walkout lower level $229.9K.
1996 built Blaine split with 3BR/2BA/3 stall with hardwood floors, fenced yard and walkout basement for $204,900.

NEED MORE DETAILS? Email me and I will send you a quick link to the details on these 10 awesome first time buyer homes!

**PHOTO FEATURED HOME** for First Time Buyers: 6794 Upper 28th St, Oakdale MN 55128 The Oakdale home in the photo above features a NEW Roof, NEW high quality Vinyl Siding, NEW Furnace, NEW Refrigerator & more! It has an oversized 3 stall heated & insulated garage. 4 Bedrooms. 2 Decks, completely landscaped yard on a pond and room to park an RV in the extended cement driveway. Priced at $229,900! Click address for additional info and photos.

MORE ARTICLES & INFO for First Time Homebuyers:

Wednesday, October 6, 2010

Wordless Wednesday (Almost)--The Beauty of Minnesota Acreage!

While beautiful farms with rolling fields of grain do come to mind when many think of Minnesota acreage, there are many other options for homebuyers. These photos were taken last weekend as we cruised along I94 near St. Cloud and yes, there were lots of farms along the way. But closer into the Minneapolis/St. Paul metro area in Anoka, Washington, Chisago and Ramsey Counties where I do the majority of my sales, Minnesota acreage could be a smaller hobby farm, a mix of woods and wetland perfect for hunting or just a private two-five acre estate where homeowners have more "elbow room" from the neighbors.

Click HERE to Search for a Minnesota ACREAGE Home!

Friday, October 1, 2010

Teri's Picks of DEALS for First Time Homebuyers in the Twin Cities North and East Metro! All with 3 Car Garages!

Out of the hundreds of homes on the market in the Twin Cities only a handful are amazing deals. As a first time buyer, it may be hard to tell the gems from the junk. As a REALTOR® who works in the north and east metro, I can quickly tell which properties are the potential deals. As I work throughout North St Paul, Maplewood, Oakdale, Mahtomedi, Hugo, White Bear and all communities in the north and east metro, I wanted to start a weekly list of some of the best deals I have spotted on the MLS for a first time buyer who really wants a three stall garage!

All of these homes are being sold by traditional sellers (no bank approval required) so a buyer would get a quick answer if they submit and offer. All of the homes have at least 3 bedrooms, 2 baths and an attached 3 car garage. All these fantastic homes are priced under $250,000!

Take a Look at this Week's Top Ten:

1999 built 4 level split in Hugo, 4BR/3BA/3 Car/2000+ finished with walkout lower level for $229.900.
1993 built Little Canada 4-Level with 3BR/2BA/3 Car Heated garage on ¼ acre wooded yard for $249.9K.
Creekside 1997 built White Bear Township split entry with 3BR/2BA/3 Car featuring new carpet and walkout basement $214.900.
Private Master Bath in Forest Lake 1995 blt, 3 Level with 4BR/3BA/3 stall heated and finished garage for $229,900
1998 Split Level in Forest Lake with 2400+ finished sq ft. 5BR/2BA/3 Car $240K.
4BR/3BA/3 Car attached Split Level on cul de sac with irrigation system in Maplewood built in 1996 $239,900.
2400+ sq ft 2 story 4BR/3BA/3 Car Maplewood home built in 1994 with wrap around porch and master bath for $245K.

Lakeland Split entry 3BR/2BA/3 Car 1992 built split with new kitchen on ¾ acre lot $249,900.

3BR/2BA/3 Car 1996 built Woodbury Split Level on ¼ Acre w/walkout lower level and fireplace $249K.
1992 built Oak Park Heights split with 4BR/2BA/3 stall heated & insulated garage on cul de sac for $244,900.

NEED MORE DETAILS? Email me and I will send you a quick link to the details on these 10 awesome first time buyer homes!

**PHOTO FEATURED HOME** for First Time Buyers: 6794 Upper 28th St, Oakdale MN 55128 The Oakdale home in the photo above features a NEW Roof, Siding, Furnace, Refrigerator & more! It has an oversized 3 stall heated & insulated garage. 4 Bedrooms. 2 Decks and room to park an RV in the extended cement driveway. Priced at $229,900! Click address for additional info and photos.

MORE ARTICLES & INFO for First Time Homebuyers: