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The number of new listings in Circle Pines dropped a bit compared to the previous year but with sale up, inventory levels are relatively low. In this small Anoka County community, just north of Shoreview, home sales were up significantly from 2010 after being down in 2009 and up in 2008, the roller coaster continues. Like in other north metro communities, the average time on the market increased significantly and the average price dropped. The price per square foot statistic was low compared to other Anoka County communities in 2010 at $88 but in 2011 dropped even further to an average of $79/sq ft. Area foreclosures and short sales have had a dramatic affect on this area. The ratio of percent received versus list price is slipped some from just under 92% to 88% showing that sellers in Circle Pines are willing to negotiate on price. These very low prices and good number of starter homes make Circle Pines, Minnesota an affordable option for first time home buyers.
For additional details on the inventory levels in Circle Pines MN at the end of 2011, Click HERE.
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The number of new listings in Circle Pines dropped again in 2009 compared to the previous year. In this small Anoka County community, just north of Shoreview, home sales more homes sold; up over 22% from last year. The average time on the market did drop in Circle Pines from 141 days to 127 days on the market. The average price also fell by over $35,000 which is over 14% lower, than in 2008 making this community that has an abundance of starter homes, even more affordable than last year. The ratio of percent received versus list price is also up for this year to 94%. All in all, the home sales market in Circle Pines, Minnesota appears to be weathering the changed market well.
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The number of new listings in Circle Pines dropped significantly in 2008 compared to the previous year. In this small Anoka County community, just north of Shoreview, home sales were a bit slower with 7 homes fewer sold but this represents almost an 11% drop statistically. The average time on the market did rise a bit but not significantly from 134 days to 141 days on the market. The average price also fell by over $12,000 which is 6.5% lower making this community that is full of starter homes even more affordable than last year. All in all, the home sales market in Circle Pines, Minnesota appears to be weathering the changed market well.
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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