




Located just a few minutes away from the Twin Cities along Interstate 694, the Lake Elmo MN real estate market is one that is ideal for families and individual home buyers alike. With the availability of schools nearby, families with children will appreciate the convenience of living here as well. Our children attend Lake Elmo Elementary School but there are nine others to choose from, including Valley Crossing Community School and others. There are also junior high schools and high schools located throughout the city as part of the Stillwater School district.
Parks are also a great feature of living in the Lake Elmo real estate market. We enjoy DeMontreville Park the most which offers more than 20 acres of natural land in addition to biking and skiing trails, ponds, lakes and much more. In all, there are 18 community parks in the community of Lake Elmo to provide plenty of recreational opportunities for everybody.
When searching for a Lake Elmo home, there are several neighborhoods to choose from. Many of these housing communities are conveniently located near schools, parks and lakes. Marquess Trail and Midwest Trail are two of the more upscale neighborhoods in the Lake Elmo real estate market with the Indian Hills Golf Club and Applewood Hills Golf Course nearby. Elmo View and Cimarron are two other neighborhoods on the lower side of the pricing spectrum.
There are Lake Elmo MN homes that cover the spectrum of housing prices. The majority of the homes are listed below $300,000 for the home buyers on a tighter budget than others. There are several homes between the $300,000 and $700,000 mark as well as more upscale options in the $700,000 and above range.
Lake Elmo'smonths of inventory/supply for sale dropped -28.4% yr/yr in December we to see it continue to go lower . We at Lake-Elmo-Real-Estate.Com were talking about new listings for the month of December (2011), they were down -4 houses to a total of 3. December, 2011 the $337,500 avg real estate average sales prices in Lake Elmo was higher m/m it was up$13,240 in December vs November. Lake Elmo real estate average median sales price rose 5.4% yr/yr in December that something we want to see continue, call today to talk to with our Lake Elmo Real Estate Group. Currently in Lake Elmo homeowners are getting about 94.9% from the original list price of their home which is up from 94.9% last year. Lake Elmo had 4 closed sales in December that was lower month over month, it was down -1 homes. Lake Elmo is now at 39 for numbers of days on market until sold in December that was lower vs last month, it was down an absolute -11 days. The average number of days rose for real estate has been on the market in December in Lake Elmo currently it is as a percentage it was up 18.9% to 145 days month vs month.









