




The Forest Lake MN real estate market is located in the southeastern region of Minnesota’s Washington County. Because of the town’s proximity to the lake, this is the ideal market whether you are looking for a second home for a vacation property or a primary home for your primary residence. Living on the lakefront, my family and I enjoy our summers on the lake by going swimming and fishing every chance that we get. During the winter months, we go ice skating once the lake has frozen over, too.
Part of the great thing about living in the Forest Lake real estate market is the quality of schools in the area. Our kids attend Forest View Elementary School and they enjoy it very much. We appreciate how the teachers there are dedicated to helping every student succeed by using a variety of successful and effective teaching methods. Other schools in Forest Lake include North Lakes Academy, Columbus Elementary and several others.
Looking for a Forest Lake neighborhood will provide you with many options for your next MN home. Many of these homes offer lakefront property, such as Sunshine Court and Whispering Woods. For avid golfers, Sunshine Court is located along the beautiful Forest Lake and it is just a few minutes from the popular Castlewood Golf Course. Whispering Woods of Summerfield is a great Forest Lake neighborhood and is centrally located near Tanners Brook Golf Course and Forest Hills Golf Course. Birmingham is another neighborhood which offers conveniences that you can appreciate near the Twin Cities.
Many homes in the Forest Lake real estate market are affordably priced at less than $200,000. Many of those options are even less than $150,000. For more moderately priced housing options, you can find dozens of homes between $200,000 and $300,000. However, for home buyers looking for something more lavish with less concern for a tight budget, there are several dozens of homes available for $300,000 and more.
The Forest Lake Real Estate Team was discussing median sales prices for the month of December, 2011 they were up $27,000 dollars over the past year to $148,000. In the current real estate market in Forest Lake homeowners are receiving, 92.9% from the original list pric, which is down from 87.1% a year ago. Forest Lake's days of inventory for sale dropped -18.3% m/m in December we would like to see continue with our Forest Lake Real Estate Team. In December, 2011 we had 35 new listings, that was lower month over month for Forest Lake down -2.8%. Forest Lake average house sales price dropped -2.5% yr/yr in December we are still concerned, call today to talk to with our Forest Lake Real Estate Group. What is the months of supply of inventory for homes for sale in Forest Lake? The latest reports of 5.7 months was reported in December, 2011 down -28.8% year vs year. The 25 closed sales in December were higher year over year in Forest Lake it was up by 8 houses. Yes, we often we discuss the real estate market, at Forest Lake Real Estate Group the latest data on days on the market until sold in December 2011, the percentage was up 3.7% to 111 days in the past month.









