




As one of the more popular suburbs of St. Paul and Minneapolis, the Mahtomedi MN real estate market is ideal for buyers of all lifestyles. Mahtomedi is situated alongside White Bear Lake which is where I like to take my family during the winter for ice skating and other outdoor activities when it freezes over. During the warmer months, we enjoy spending family time together at one of the many community parks in the area. Our favorite park is Katherine Abbot Park which offers more than 75 acres of natural land and it is south centrally located in the city.
Does your family enjoy recycling as much as our family does? If so, finding a Mahtomedi home will help you continue your eco-friendly ways. The city offers an extensive recycling program which also involves composting and more. All you have to do is set your recyclables in the assigned bin and then put the bin on the curb every other Monday and the city services will come by and pick them up for you. The city of Mahtomedi makes it easy to help the earth with very little effort at all.
Because of its location near White Bear Lake, you can find several Mahtomedi homes for sale with lakefront property. Birchwood Village, Lake Shore Park, Bellaire and White Bear Beach are just a few of the neighborhoods you will find when you begin your search for Mahtomedi real estate. Several of these housing communities are also just minutes away from the White Bear Yacht Club & Golf Course for your recreational pleasure.
Most of the homes in the Mahtomedi real estate market are very reasonably priced for the person on the average home buying budget. The majority of homes are priced at less than $300,000 with a few over the $700,000 range. There are also a few dozen homes between the $300,000 and $700,000 range.
The average real estate sales price of $170,833 in March was lower y/y in Mahtomedi down -29.2%. Mahtomedi is now at 49 for days of inventory for sale in March that was higher vs last year, it was up absolute 2 days. In March, 2012 the 3 closed sales were higher month over month in Mahtomedi up 50%. Mahtomedi saw 13 new listings in March that was higher year over year, up 8.3%. March, 2012 the average number of days a home was for sale in Mahtomedi was up to 169 days up 445.2% m/m. Mahtomedi's months of inventory/supply for sale rose -26.8% yr/yr in March we would like to see go the other direction . The Mahtomedi Real Estate Team was discussing median sales prices for the month of March, 2012 they were down ($90,000) dollars over the past year to $155,000. Mahtomedi percent of origional price listed recieved rose 9% yr/yr in March to 94.4% that something we want to see continue, call today to talk to with our Mahtomedi Real Estate Group.











