Lake Elmo Home For Sale

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.

Lake Elmo MN Real Estate Info: Prices of Houses in Lake Elmo MN

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 Real Estate News: March Lake Elmo Home Sales

Lake Elmo saw 14 new listings in March that was lower year over year, down -17.6%. March, 2012 the average number of days a home was for sale in Lake Elmo was up to 421 days it was up 181 days on average in the past 12 months. Several of us at the Lake-Elmo-Real-Estate.Com were talking current market conditions for the month of March 2012, it was down 10.7% vs last year to 96.9% of list price. The 3 closed sales in March was lower month over month in Lake Elmo it was down -5 houses. Lake Elmo's days of inventory for sale dropped -9.4% yr/yr in March we would like to see continue with our Lake Elmo Real Estate Group. March, 2012 the $419,667 avg real estate average sales prices in Lake Elmo was higher m/m it was up $28,209 this month over last month. Lake Elmo real estate average median sales price rose 36.5% yr/yr in March that something we want to see continue, call today to talk to with our Lake Elmo Real Estate Team. Lake Elmo is now at 8.3 months of inventory for sale in March that was higher vs last month, call a real estate expert from Lake Elmo Real Estate Group.