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Forest Lake Market Trends

Today, November 24, 2009

Median Sales Price in Forest Lake

Embed Info
1 yr 5 yr Max
Forest Lake median sales prices
Number of sold homes in Forest Lake
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$133,000-28.1%$117,505$185,000$190,850
3 bedrooms$134,250-39.9%$165,000$223,533$269,464
4 bedrooms$235,000-11.6%$272,250$265,950$324,630
All properties$147,500-35.6%$146,500$229,066$226,950
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Forest Lake Summary

The median sales price for homes in Forest Lake MN for Aug 09 to Oct 09 was $147,500. This represents an increase of 0.7%, or $1,000, compared to the prior quarter and a decrease of 35.6% compared to the prior year. Sales prices have depreciated 35% over the last 5 years in Forest Lake.

The average listing price for Forest Lake homes for sale on Trulia was $330,505 for the week ending Nov 18, which represents an increase of 1.5%, or $4,951, compared to the prior week and an increase of 3.4%, or $10,774, compared to the week ending Oct 28. Average price per square foot for Forest Lake MN was $110, a decrease of 34.1% compared to the same period last year.

 

Average Listing Price in Forest Lake

Embed Info
1 yr 5 yr Max
Forest Lake average property price
Forest Lake – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms$218,247-1.1%$220,776$222,233$219,269
3 bedrooms$277,621+1.9%$272,312$276,509$269,176
4 bedrooms$419,616-0.3%$420,691$415,477$410,122
All properties$330,505+1.5%$325,554$328,122$319,731
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Average Price Per Sqft for Homes in Forest Lake

Embed Info
1 yr 5 yr Max
Forest Lake average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$100-37.5%$313$160$156
3 bedrooms$108-37.6%$129$173$179
4 bedrooms$128-19.0%$156$158$164
All properties$110-34.1%$194$167$170
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Homes for Sale in Forest Lake

16353 Potomac Street Northeast, Forest Lake MN
16353 Poto…
$439,900
5 br  3 ba
24372 Fawn Trail, Forest Lake MN
24372 Fawn…
$269,500
4 br  3 ba
6726 North Shore Trail North, Forest Lake MN
6726 N Sho…
$100,000
2 br  1 ba
22533 Iverson Lane North, Forest Lake MN
22533 Iver…
$124,900
3 br  1 ½ ba
853 8th Avenue SE, Forest Lake MN
853 8th Ave…
$379,900
3 br  2 ½ ba
6676 Lipizzan Trail, Forest Lake MN
6676 Lipiz…
$225,000
4 br  3 ba
View all Forest Lake Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Wyoming
$223,750
$255,339
Scandia
$194,427
$434,390
Hugo
$151,895
$298,949
Centerville
$220,000
$361,563
Chisago City
$176,500
$263,959
Stacy
$172,700
$245,898
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Advice

Recent Q&A in Forest Lake, MN

Q: Which one is a better community? Stonemill farms in woodbury or cobblestone lake in apple valley? 3 answers
Q: What are the 1st time homebuyers options now? 9 answers
Q: owe more than value bank says put it on market before short sale need advice it's 55102 and we are now 94510 5 answers
Q: Negotiating New Construction 9 answers
Q: $7500 tax credit rerturn to fed rule. 3 answers

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Forest Lake Stats & Trends

  • Forest Lake Real Estate Overview
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Our real estate market trends page gives you a valuable overview of the Forest Lake real estate market. Find Forest Lake properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Forest Lake average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Forest Lake housing statistics are available for each Forest Lake, MN neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.