Total sales are up a little in Big Lake. In January, 17 homes sold from the MLS, up from 13 last year this month. The average price was $114,000—down from $136,000. The average price per square foot was down as well at $64, when it was at $81 a year ago. What does this all mean? Prices are down by over 40% in most instances from six years ago. Because of the availability of many homes, buyers have many choices. Buyers are perceiving bargains and they are buying. Until many of these are sold, don't expect a turn upward in prices. 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. Summary: There are many homes available for sale at greatly reduced prices, so buyers are taking advantage of the situation. Give me a call and I'll negotiate the best price for you!
ZIP Code: 55309 Location Characteristics: The city of Big Lake is located on the shores of both Big Lake and Mitchell Lake, and is at just south of the Sherburne County National Wildlife Refuge and the Sand Dunes State Forest. The City is located approximately half way between the Twin Cities and St. Cloud-- about 25 miles from each.
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.
