Sales are starting out slow for the spring market. Since Monticello is situated along Interstate 94, in the outer Twin Cities Metro area, it continues to see growth as businesses continue to expand and grow into the area. Even though the trend is upward, due to the availability of many new and pre-existing homes, it is currently a buyer's market. In April, 9 single family homes in the Monticello School District sold from the MLS, as opposed to 19 during the same time period in 2011. The average price was at $181,000, up from $118,000 last year at this time, with the price per square foot at $96—up from $67 last April. What does this all mean? Prices have been staying about the same recently. Prices on starter homes are consistently down from over 40% from its peak six years ago, so it's a great time for buyers to take advantage—particularly now that there are many foreclosures available. Give me a call and send me an email and I'll work to find you a great value and negotiate the best price possible. Please keep in mind that this report does not consider lot size, the home's age and other factors, so if you would like a more specific report to better fit your needs, just let me know and I'd be happy to get you the information. If you are selling and want it to sell, be sure to price your home below the competition.
ZIP Code: 55362 Location Characteristics: Located midway between the capital city of St. Paul and the city of St.Cloud, Monticello sits beautifully on the banks of the great Mississippi River. Monticello's relaxed atmosphere and small town charm coupled with its preserverance of Minnesota's natural beauty makes Monticello quite that attraction for individuals and businesses alike. Recreational opportunities abound in this rural region from miles of scenic trails for hiking and biking to pristine lake waters offering the best in fishing, boating, and swimming. Cultural affairs in music, dance, and art feature fun for everyone including the annual River Fest celebration.
About Lance Lindstrom:
Lance Lindstrom grew up in Central Minnesota and knows the area well. He is a Certified Residential Specialist (CRS), Certified New Home Specialist (CNHS), Certified Distressed Property Expert (CDPE), Technology pro (e-PRO), Residential Construction Certified (RCC) a graduate from the realtor institute (GRI), broker and owner of Life and Liberty Real Estate, with a background in engineering and sales. Education is important to Lance and he is the premier choice when it comes to pricing, detail, marketing, bringing the sale together and following it through to closing for his clients. Lance works primarily by referral so that means he invests most of his time delivering first-class service to his clients and little time chasing new business. He works to build strong lasting relationships one person at a time. Because of this, most of his clients come to him on the advice of people who have learned to trust and respect him. Your referrals of friends, family and associates are greatly appreciated.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
