Snapshot of Wyoming, MN 2008 Year End Home Sales Statistics

By
Real Estate Agent with REMAX Results Minnesota License#90858

wyomingSnapshot

The number of new listings is down in Wyoming, Minnesota but so is the average sales price of a home in this community. It took and average of twenty extra days to sell a home in Wyoming, Minnesota compared to last year but the Days on Market Statistic is similar to other area communities.. The average sales price for a home is down just over 17% but on a positive note, this means affordability for home buyers is up as well. If you are a home buyer looking for the right time to buy a Wyoming, MN home, the time is now!

wyomstats

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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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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Show All Comments
Ambassador
2,392,927
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Interesting Teri.  Your stats are similar to ours in termas of DOM and %List/Sale. 

Of course, our average prices are about 3 times yours.

 

Jan 18, 2009 01:18 PM #1
Ambassador
1,551,564
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Teri, just wanted to stop by and say "hi" and I liked the eye catching film frame you put around your water tower photo. Glad your weather has moderated some. Your dog I know will be happy.

Jan 18, 2009 01:35 PM #2
Rainmaker
307,577
Maggie Dokic
Special Miami Homes - Miami, FL
CDPE, SFR, Pinecrest | Palmetto Bay |

Teri, we love it when # of listings go down.  It helps normalize things.  We have so much inventory here it's crazy.

Jan 18, 2009 03:18 PM #3
Rainmaker
605,834
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

Lenn--I cover several communities in the Twin Cities north metro and am trying to do some end of the year stats as reported by our MLS for each specific community. Sad thing is these numbers do not show the cummulative days on the market for relists nor the total price change from the relists. That does change things. I do longer reports with more details for those communities. CDOM is significantly longer in these communities...By a few months depending on price point.

Jan 18, 2009 05:25 PM #4
Rainmaker
605,834
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

Gary--Thanks...It goes with the Snapshot theme for these posts. The dog's feet are much warmer now. :)

Jan 18, 2009 05:42 PM #5
Rainmaker
605,834
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

Maggie--Each community is so different but one thing from this year is that new listings seem to be down in most communities which is good!

Jan 18, 2009 05:45 PM #6
Rainmaker
1,072,241
Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375
Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI
Real Estate Services You can Trust!

Hi Teri, great information...for buyers and sellers.  By the way we have a Wyoming, Mi....too.  Have a great 2009!

Jan 18, 2009 06:01 PM #7
Rainmaker
412,298
Mesa, Arizona Real Estate Mesa Arizona Realtor
Teri Ellis at Homes Arizona Real Estate LLC - Mesa, AZ

Teri, let's hope that snap shot for 2009 goes UP.....way up in the median sales....;-) Good information for those living in Wyoming, Minnesota. ;-)

Pepper

Jan 18, 2009 07:28 PM #8
Ambassador
1,294,450
William Johnson
RE/MAX Associates - San Diego, CA
San Diego Real Estate Voice, GRI CRS e-Pro CDPE

Hi Teri, A very easy report to understand and it looks like prices are down everywhere. Your average sales price is astounding though. Homes have really become quite affordable haven't they. With the lower rates ,I think things will pick up handsomely in the Spring.

Jan 18, 2009 11:36 PM #9
Rainmaker
605,834
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

Gary--I just saw something about Wyoming, MI. It really confuses people that Wyoming, MN is a city. I get lots of calls and referrals for Wyoming the state.

Jan 19, 2009 07:23 AM #10
Rainmaker
605,834
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

Teri--Not all Twin Cities suburbs are that affordable but many in the north metro area. There are more expensive homes but the median price is skewed down because the higher priced homes sat on the market all year!

Jan 19, 2009 07:30 AM #11
Rainmaker
605,834
Teri Eckholm
REMAX Results - White Bear Lake, MN
Acreage & Lakeshore REALTOR Minneapolis St Paul

William--I am going to be posting "snapshots" of several north metro communties to give people an idea of how affordable some communities in the north metro are. Not all are as low priced as Wyoming but then fewer expensive homes sold last year so that will affect the average.

Jan 19, 2009 07:32 AM #12
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Rainmaker
605,834

Teri Eckholm

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