Snapshot of Home Sales Statistics in Maplewood, MN Year End 2011

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Real Estate Agent with REMAX Results Minnesota License#90858

Home Sales Statistics Maplewood MN 2011

 

Statistical Snapshot of Maplewood MN by Teri Eckholm REALTOR
 
In the eastern Ramsey County community of Maplewood, MN real estate sales statistics were similar to many other communities in the Minneapolis/St. Paul metro. New Listings were down, closed sales up and average price sold down from the similar time period in 2010. New listings were down nearly 15% from 801 in 2010 to 684 in 2011, while closed sales were up by nearly 8%. The average sales priced dropped by a whopping 14% to $146,957, down from $170,959 in 2010. Homes are bringing in an average price per square foot of $82 which is similar to other communities in the northeast Minneapolis/St. Paul area but still down a bit from $95/sq ft that homes in Maplewood were getting on average in 2010.  Like most other north and east metro suburbs, sellers are getting around 90% of their asking price; but at 88.8% this average is a bit less than in other areas. The average time on the market to sell a home rose quite a bit from 140 days on the market in 2010 to 164 in 2011. Again the DOM statistic is comparable to other surrounding neighborhoods. While these changes look alarming, it is really just a correction as the foreclosures and other lender mediated homes continue to work their way out of the Maplewood real estate market. It is an important step in toward the market becoming balanced.
 
 
Statistical Snapshot of Maplewood MN by Teri Eckholm REALTOR
 

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Teri Eckholm. REALTOR with RE/MAX Results, is a native Minnesotan who has lived and worked in the Minneapolis St Paul metro all of her life. She specializes in lakeshore homes, acreage properties and first time home buyers but assists anyone making a move in the north and east Twin Cities metro.

If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give Teri , a call or visit her website for a FREE Home Buyer Success Guide or FREE Home Value Report She 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 2014 www.terieckholm.com

 

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Rainmaker
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Charles McDonald
Charlottesville Real Estate Solutions - Charlottesville, VA
REALTOR®, Blogger, Principal Broker®, Owner

Listing are down and sales are up.

This is a great trend for a recovery

your friend in Charlottesville

Feb 21, 2012 04:30 AM #1
Rainmaker
608,070
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

Charles--Yes it is...most communities in the Twin Cities and surrounding suburbs are starting toward recovery.

Feb 21, 2012 04:39 PM #2
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Rainmaker
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Teri Eckholm

Acreage & Lakeshore REALTOR Minneapolis St Paul
Looking to buy or sell in the Twin Cities? Contact Me Today!
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