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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Otsego, Minnesota

Reported by Lance Lindstrom, CDPE, CNHS, CRS, GRI

Updated May 1, 2012.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Otsego sales are holding steady. In April, 14 single family homes sold from the MLS, compared to 10 in April of 2011. The average price was $187,000 down from $189,000 and the price per square foot went up slightly from $105 to $107. What does this all mean? With many choices available, this is good for buyers—especially when the sellers are motivated due to fewer sales. 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.

ZIP Codes: 55330, 55301, 55362

Location Characteristics: Otsego is located in the northeast corner of Wright County. It's northern boundary lies along the Mississippi River. It is becoming a popular spot to live due to it's convenient location in the booming northwest expansion of the Twin Cities metro area. Elk River, directly across the river from Otsego, conveniently satisfies you shopping needs.

For More Information:

View Market Conditions of other areas served by Lance Lindstrom

Navigate: Top > Minnesota > Otsego

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.

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