Blaine Home For Sale

If you are looking for a home that is only minutes away from the Twin Cities, the Blaine MN real estate market is ideal for you. Since Blaine is situated alongside Interstate 35W, it is also easy to commute or travel to and from the Twin Cities without much trouble at all. As one of the community’s 50,000 residents, I always enjoy going to the National Sports Center with is a 600-acre soccer facility which has 50 soccer fields, four Olympic sized-rinks, a golf course and much more. It’s a great way to get enjoy all of my favorite sports all in one facility.

For the kids, the Blaine real estate market is home to two schools – Blaine High School and Centennial High School, both of which are part of the Anoka-Hennepin School District. Our kids enjoy the teachers and they are learning how to become more successful in an ever changing and high competitive world.

Blaine Real Estate Info: Prices of Homes in Blaine MN

The Blaine real estate market is one of the faster growing markets in the Twin Cities area. As such, homes are going up everywhere. Some of the more popular neighborhoods in the city include The Lakes, Gardenwood, North Oaks West and Deacons Walk, just to name a couple. Many of these Blaine neighborhoods have parks nearby, including East Side Park, Quincy Park, Aurelia Park and others. They are perfect places for families and friends to enjoy an afternoon together in the Minnesota weather.

The median home value in the Blaine real estate market is about $220,000. Keeping this in mind, hundreds of homes are available for less than $300,000 with about half of those homes costing less than $150,000. There are many other homes and condominiums available in the $300,000 to $600,000 range for buyers with a more flexible budget. And then there are the homes that are in the $600,000 price range and above for the more exclusive home buyers.

Blaine Real Estate News: December Blaine Home Sales

266 days on the market until sold in December was down vs last month in Blaine it was down an absolute -41 days. Blaine closed sales dropped -5.3% mo/mo in December that something we are watching and concerned about at the Blaine Real Estate Group. Average sales price in Blaine was $179,058 in December that was lower year over year, it was down ($9,960) dollars on average. What is the months of supply of inventory for homes for sale in Blaine? The latest reports of 3.3 months was reported in December, 2011 it was down -49.2% y/y. The median sales price in Blaine for December was $159,950 it was higher mo/mo it was up 7.3%. Often we discuss the real estate market, at Blaine Real Estate Team the latest data on days on the market until sold in December 2011, the percentage was down -14.4% to 119 days in the past 12 months. In December, 2011 the 75 new listings were lower year over year in Blaine it was down -27 homes. Several of us at the Blaine Real Estate Group were talking current market conditions for the month of December 2011, it was down 1.7% vs last year to 91.1% of list price.