Sarah Marrinan, Realtor®
Realty Group, LLC,
Sarah Marrinan is a Twin Cities Real Estate Agent, complete workaholic, top notch "counselor", mom to two awesome girls, shameless self-promoter and never ending “connector”.
Even though she is seemingly always working, it's a lifestyle, the phrase “it's a career not a job” takes on a whole new meaning.
Most people talk about things they can do, Sarah goes out and actually does them.
Here is the current market low down straight from the MLS (not from commonly inaccurate public websites).
Here are some current MLS stats 55025:
There are 125 properties currently listed for sale in 55038; 14 of these homes are distressed (short sale or foreclosure) and 12 of them are listed as waterfront property. 14 are new construction. New constructions homes are currently listed between $200,000 and $650,000.
16 of the homes for sale in 55038 have accepted contingent offers.
Additionally, 36 homes are pending sale (contingencies removed but haven't officially closed yet); 14 of these homes are townhouses/condos or twin homes.
There are 37 townhouses on the market and 8 of them have accepted contingent offers. Of the 29 available townhouses, 8 are $150,000 or less. None are less than $109,900
Here are some more stats from the last year for 55038:
378 properties have sold (or are pending sale) in the last year. 209 of those were single family homes (the remaining were townhouses, condos, and twinhomes)
97 of these single family homes were between $200,00 and $300,000;
Of the 97 homes that sold in this price range:
55 of those homes were built between 1990 and 2000
3 of those 55 homes were on 1-10 acres (23 homes with between 1 and 10 acres sold in the last year)
199 homes (non-waterfront) sold for under $200,000. 50 of these homes were single family homes. 33 of those 199 homes were distressed sales.
7 waterfront homes sold in the past year; 1 sold under $200,000.
48 homes sold for over $500,000
169 of the properties sold were townhouses. 38 of them sold for $125,00 or less but some new construction detached townhomes sold for as much at $573,654!
Want to know how these numbers affect your plans to buy, sell or invest in real estate? Call me or Email me!