Options are plenty for the first time homebuyer in Forest Lake, Minnesota. This north Washington County community does not just have lots of lakeshore, it has many affordable home choices too. There are many newer townhome developments as well as affordable single family homes. With the price per square footage running at just over $90, it is an affordable community to consider for your first home.
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..
If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me, Teri Eckholm of RE/MAX Specialists, 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.
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 2012 Teri Eckholm http://www.terieckholm.com/
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