Lino Lakes, MN

Thank you for exploring Lino Lakes, a growing community located about 20 minutes north of either downtown Minneapolis or St. Paul. As our name implies, there are thirteen lakes for you to enjoy - plus a number of great parks, trails, and other outdoor attractions guaranteed to help retain our town's natural setting and wildlife habitat. The Rice Creek Chain County Regional Park is a 2,550 acre park reserve located on a on beautiful George Watch Lake that hosts the Wargo Nature Center and Rice Creek Campground. Lino Lakes contains numerous city parks and trails which guarantee our town will maintain its natural settings and wildlife habitat and nearby Chomonix Golf Course offers the most scenic round of golf in the Twin Cities with elegant banquet facilities available in the Blue Heron Room. It's no surprise that the City of Lino Lakes won the Minnesota Environmental Initiative Award this year for the best environmental project in the Green Building and Development category.

Visit us for the fifth annual Blue Heron Days (August 15^th thru 17^th) festival and keep up to date with our city newsletter.

Tentative Schedule of Activities and Fun for the Entire Family! Check back often for updates.

Parade - Our parade is on Saturday, August 16th and starts at 11:00 am. The marchers will begin to line up at 10:00am.

Medallion Hunt - The Blue Heron Medallion is hidden somewhere in the City of Lino Lakes on public property. The first clue will be posted on August 11th and the last clue will be released on August 15th. All of the clues will be posted by 4pm at City Hall, Patriot Bank Minnesota, and on the City Website. You must purchase an official Blue Heron Days button to recieve the $250 prize, without a button, you will receive $150. The medallion will NOT be buried, so don't go digging with shovels! And for safety's sake, it is nowhere near any established natural body of water, within the Regional Park, on the grounds of the Chomonix golf course or driving range, City maintenance garage, or any secured well houses or lift stations.

Commerce & Crafts Business Expo: at Lino Lakes City Hall from noon-3 p.m. on Saturday, August 16. About 25 local business, service, and non-profit groups will showcase their services and products at City Hall - located at 600 Town Center Parkway, in the southeast corner of the Lake Drive/35W interchange.

Petting Zoo: Saturday, August 16th the Lion Lakes Lions are hositng their Walton's Hollow Petting Zoo. Located south of the American Legion on Lake Drive. For more information on Walton's Hollow Petting Zoo, visit www.waltons-hollow.com

Street Dance - Miller's on Mail is hositng the annual Street Dance with live music under the Big Tent:
Friday, August 15th: G.B. Leighton 9:00pm and Saturday, August 16th: Boogie Wonderland 9:00pm. For more information visit: www.MillersOnMain.com

Annual Horseshoe Tournament / Family Picnic: If relaxing is more your style, this is the one for you. Join us for a pig roast with corn on the cob brought to you by the American Legion. Horseshoe tournament starts at 1:00pm. For questions please contact the American Legion at 651-783-0055.

YMCA Chain of Lakes 1st Anniversary: Come to the YMCA's 1st Year Anniversary Party open house event with Event fun events for all ages on Saturday, August 16th 1:00-4:00pm

1st Anniversary Teen Night Event: Saturday, August 16th 8-11pm. Come and hang out with friends and enjoy the last blast of summer before school starts again. The fun includes: Live Music, a velcro wall, cake, dodgeball, ping pong, Wii, open swim, waterslide, guitar hero, board games, and foosball. Admission is $5.00.

History of the Blue Heron Days Festival: 1st held in 2004, the name was chosen for Lino Lakes' greatest asset, the 2nd largest Blue Heron rookery in the state. It is no surprise that the Blue Heron is the city logo as it symbolizes our community's natural beauty and amenities. Each year our festival brings families out to enjoy new and different activies and events.

Location, Location, Location! - Lino Lakes is located just south of the northern I-35 split. We're close to all of the amenities of the Twin Cities metro area without the sprawl and hassle found in other suburban communities. The natural setting provides a relaxed atmosphere and the ease of access provides for the necessities of life.

Lino Lakes Quick Facts: Three business parks offer access and visibility from both I-35W and I-35E. The city's economic development efforts produced a considerable increase in new business establishments over the past few years - including Super Target, Kohl's, and plans for a new mixed-use downtown development that includes a YMCA and retail, office and entertainment facilities.

County: Anoka
Region: East Twin Cities Metro
US Congressional District: 6
MN Legislative District(s): 52A and 53A
City Web site: http://www.ci.lino-lakes.mn.us/

Population:
Area 2005 Est. 2000 Census
Lino Lakes: 19,698 16,791
Anoka County: 326,393 298,084
Twin Cities Metro: 3,207,067 2,968,806
Minnesota: 5,205,091 4,919,479

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Lino Lakes Minnesota! Your local source for all kinds of current news about Lino Lakes, including: general news, real estate news, homes for sale, jobs/help wanted, recent houses placed on the market, and even current events!

The number of closed sales made a dramatic rebound in Lino Lakes, Minnesota in 2009. After an over 25% decline in homes sold in 2008 in the Lino Lakes area, there was a similar resurgence of buyers in 2009. With the lower average price point, this was undoubtedly the result of the first time home buyer tax credit combined with bank owned and mediated inventory on the real estate market. It took about a couple of weeks longer to sell a home in Lino Lakes, Minnesota in 2009 but overall homes were selling in this Anoka County community. The number of new listings was up over 8% during the year, but that does not mean that inventory levels are high. In the lower price points, real estate inventory is very manageable. CLICK HERE for more Lino Lakes 2009 statistics by price point.

Like much of the real estate in the Minneapolis/St. Paul area, Lino Lakes, MN in Anoka County has seen reduced inventory and increased market times in 2009. This year nearly twice as many properties sold but the average selling price was directly affected by the bank owned and lender mediated properties on the market. Traditional homes had longer market times but properties were selling throughout the Lino Lakes area.

Though Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

The year end numbers for Lino Lakes sales show area homes were selling slower than last year with an average of 170 cumulative days on the market (CDOM) for sold properties compared with 160 CDOM in 2008. But current inventory levels are much lower than last year. Looking at homes priced under $300,000, there is about 4-5 months of inventory. This time last year, there were nearly 12 months of inventory in this price category.

And the lower inventories are also in higher price points too. Based on the year end statistics, it will now take about 6 months to sell the current inventory of homes with a $300,000-$400,000 price tag. This is down considerably in Lino Lakes from last year when the inventory level hovered around the 12 month mark for absorption. In the $400,000-$500,000 we are just under that one year time period for absorption while over half a million homes there is about 3 YEARS of inventory. While this is not ideal, it is certainly with in the norm when compared to surrounding Anoka County areas.

2009 Average Sales Price of all homes sold in Lino Lakes:

All Homes $229,622
Single Family Homes $251,780
Townhomes/Condos $150,266

2009 Average Cumulative Days on Market in Lino Lakes:

All Homes 170
Single Family Homes 174
Townhomes/Condos 150

4th Quarter Lino Lakes residential real estate statistics for single family homes:

Under $200,000~ 10 Active Listings, 3 Pending Listings, 49 Sold Listings, 155 CDOM
$200,000-$300,000 ~ 32 Active Listings, 3 Pending Listings, 57 Sold Listings, 180 CDOM
$300,000-$400,000 ~ 16 Active Listings, 2 Pending Listings, 33 Sold Listings, 192 CDOM
$400,000-$500,000 ~ 9 Active Listings, 0 Pending Listings, 10 Sold Listings, 167 CDOM
$500,000 and Up~ 11 Active Listings, 0 Pending Listings, 4 Sold Listings, 262 CDOM

Year End 2009 Lino Lakes residential real estate statistics for townhomes and condos:

Under $200,000~ 23 Active Listings, 6 Pending Listings, 39 Sold Listings, 143 CDOM
$200,000-300,000~5 Active Listings, 0 Pending Listings, 2 Sold Listings, 258 CDOM
$300,000-$400,000 ~ 0 Active Listings, 0 Pending Listings, 2 Sold Listings, 165 CDOM

Lakeshore available in Lino Lakes
3 Active Listings

Lino Lakes lakeshore price range: $595,000-$1,118,000
1 Home on Amelia Lake
2 Homes on Reshanau Lake

Acreage properties available in Lino Lakes

16 properties listed on 1-3 Acres priced between $126,000-$595,000.
7 properties listed on 5-10 Acres priced between $300,000-$805,000
1 property listed on 29 Acres priced at $749,000
1 property listed on 80 Acres priced at $6,000,000

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 1/1/09 through 12/31/09.

More Anoka County Articles that Might be of Interest:

• Does "Minnesota Nice" Affect the Real Estate Market? "Yah, You Betcha!"
  
• Dreaming of Life on MN Acreage?--What YOU Need to Know Before YOUR Move!
  
• Extremely Affordable Minnesota Lakeshore!
  
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Looking for a good deal on lakeshore or acreage in the Minneapolis/St. Paul area north metro? Lino Lakes, MN in Anoka County might be just the ticket. 2009 had seen an abundance of sales in the lower price points with bank owned and lender mediated properties impacting the market. Traditional homes had longer market times and by the end of the 3rd quarter properties were starting to move in even the higher price points.

Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife habitats for years to come.

Like other communities in the Twin Cities, Lino Lakes homes priced under $300,000 are selling while those priced over $300,000 are lingering on the market. Inventory is way down in the under $200,000 single family home category and sales are strong up in the $200,000 to $300,000 categories for both single family and townhomes. The third quarter cumulative days on market (CDOM) statistic is much lower than for the average CDOM first quarter of 2009 (142 versus 192). It is also better than the CDOM for all of 2008 (142 versus 160). Looking at current inventory levels and the rate of sales for single family homes priced under $200,000, there is about 3-4 months of inventory. And a bit higher with 7-8 months of inventory at the $200K-$300K price point. Surprisingly even the inventory levels in the $300K-$400K range of Lino Lakes single family homes has made quite a bit of progress this summer. This category also is under a year's worth of inventory as it has about 10-11 months worth. Hopefully this will be a trend we see continue as we end 2009 and one that will continue into the new year.

Townhomes continue to struggle even with the $8000 tax credit for first time buyersthat helped make so much difference in the single family home market. In every price category, there continues to be significant inventory and this doesn't include all of the non-MLS listed new construction townhomes in the area either. Motivated sellers will have to be very aggressive with their pricing if they need to sell a townhome in Lino Lakes. Buyers considering townhomes in the Twin Cities north metro have quite an opportunity to make a deal in the Lino Lakes area.

1st Quarter Lino Lakes residential real estate statistics for single family homes:
Under $200,000~ 11 Active Listings, 10 Pending Listings, 8 Sold Listings, 164 CDOM
$200,000-$300,000 ~ 42 Active Listings, 9 Pending Listings, 16 Sold Listings, 146 CDOM
$300,000-$400,000 ~ 28 Active Listings, 4 Pending Listings, 9 Sold Listings, 101 CDOM
$400,000-$500,000 ~ 20 Active Listings, 1 Pending Listings, 1 Sold Listings, 91 CDOM
$500,000 and Up~ 10 Active Listings, 0 Pending Listings, 0 Sold Listings
1st Quarter Lino Lakes residential real estate statistics for townhomes and condos:

Under $200,000~ 26 Active Listings, 1 Pending Listings, 4 Sold Listings, 162 CDOM
$200,000-$300,000 ~ 11 Active Listings, 4 Pending Listings, 0 Sold Listings
$300,000-$400,000 ~5 Active Listings, 0 Pending Listings, 0 Sold Listings

Lakeshore available in Lino Lakes as of 10/11/2009

6 Active Listings

Lino Lakes lakeshore price range: $342,900-$1,118,000
1 Home on Amelia Lake
1 Home on Otter Lake
4 Homes on Reshanau Lake

Acreage properties available in Lino Lakes as of 10/11/2009

15 properties listed on 1-2 Acres priced between $149,900-$619,000.
5 properties listed on 2.1-5 Acres priced between $180,000-$349,900
5 properties listed on 5.1-10 Acres priced between $349,000-$1,118,000
1 property listed on 10.96 Acres priced at $595,000
1 property listed on 29.52 Acres priced at $749,000
1 property listed on 80 Acres priced at $6,000,000

Click HERE to Search for Minnesota Lakeshore Home!

For additional information on any current Lino Lakes real estate listing or for additional information on buying a home in Lino Lakes contact Teri Eckholm directly at 651-336-7073.

**All Statistical information sold based on information from the REGIONAL MULTIPLE LISTING SERVICE of MINNESOTA, INC. for the period of 7/1/09 through 9/30/09.
Home Sales Statistics for other communities in the north metro:

Lino Lakes MN Real Estate Market Statistics 2nd Quarter 2009
Forest Lake MN Real Estate Market Statistics 2nd Quarter 2009
Forest Lake MN Real Estate Market Statistics 3rd Quarter 2009
Blaine, MN Real Estate Market Statistics 2nd Quarter 2009
Ham Lake Real Estate Market Statistics 2nd Quarter 2009
Ham Lake, MN Real Estate Market Statistics for 3rd Quarter 2009

More Anoka County Articles that Might be of Interest:

• Extremely Affordable Minnesota Lakeshore!
  
• Buying a Home on Minnesota Wetland--Affordable Beauty and Privacy!
  
• Think Now is a GREAT Time to Make a DEAL on a MN Lakeshore Home? You Are SO Right!
  
• September 2009 Twin Cities Real Estate Market Video Update-Real Estate Statistical Crystal Ball Fuzzy after Tax Credit Expires
  
• Minnesota Lakeshore and Wetland Homesellers--What Should be on the Disclosure?