Lake Elmo MN homes – median asking prices dropping

If we look at the linked chart, we can observe that the prices of St. Paul Mn properties for sale have done absolutely nothing but drop within the last 12 months. While I certainly don’t market real estate in each and every area included in the chart above, I do sell properties in quite a handful, such as Powers Lake, Marsh Creek and Lake Elmo.

Lake Elmo homes for sale prices

These 3 communities tend to be filled by homes that are much more high-priced compared to the normal home included in the graph, and that’s why I aslo included data for more expensive homes. In either situation, the median asking price for all of the houses currently available for sale, in addition to only the most expensive 25% of offered homes, prices have fallen off.

For the most expensive residences, costs have gone down from about $525,000 a year ago at this time to the present measurement of $400,000. Prices for the whole band of active homes has not fared a lot better dropping from $225,000 to a touch under $200,000 throughout the past 12 months.

For more info on Powers Creek MN homes, Marsh Creek MN homes or Lake Elmo MN homes, please go to my internet site.


About kimziton

Kim's a real estate consultant for Keller Williams Premier Realty in Woodbury MN, as well as a member of the Luxury Homes division and The Institute for Luxury Home Marketing. Her primary website is where you can find all sorts of information on Woodbury, Wedgewood, Stonemill Farms, Dancing Waters and Elmo Lake.
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