Champlin Real Estate l Market Report June 2017
Thank you for visiting! This is a monthly blog post geared towards letting Champlin residents get a feel for the current Real Estate market, right here in their own community.
Housing Inventory Trends
The number of active listings in CHAMPLIN (55316) increased by 19.5% from the previous month.
The median number of days active properties were on the market is 28! Most homes sold in the first weekend, AND in multiple offers!
Curious how this affects YOUR Champlin Home value?
The number of sales increased by 240% from the previous month, WOW! 27 Champlin homes sold and closed in the month of May. The average Champlin home for sale sold for $269,230 in May 2017.
Champlin, MN 55316 has 71 pending homes for sale with a median price of $333,790 and an average of 28 days listed on the market.
27 Champlin, MN homes sold and closed in the last month with an average of $238,619 for the price and an average of only 28 days listed on the market.
Of those 27 Champlin homes sold and closed, 4 were townhomes for sale, with an average sale price of $179,640 and 22 days on the market.
For Champlin one level homes for sale, the average price was $261,225 and only 33 days on the market.
For Champlin split level homes for sale, the average price was $250,358 and an average of 25 days for the market time.
Champlin’s two story homes for sale averaged at $475,333 for the price and only 36 days on the market.
What does this mean for Champlin Seller's?
The time is NOW if you're planning on selling your Champlin home. The market remains a seller's market! The low levels of inventory have brought about well-qualified buyer's to make offers on your Champlin home. If you're curious what you need to do to get your home ready to sell, or just want a quick home value, please let me know 612.807.4858, or you may visit MyChamplinHomeValue.com
What does this mean for Champlin buyers?
Plan ahead! Make sure you have an experienced Realtor® that knows how to make offers in a fast moving market! Be ready! Be preapproved! Do not wait to talk with a banker/lender till you find the home you love... because it will be too late! Homes are selling fast due to supply and demand. With qualified buyers and low levels of inventory, that means homes are selling in most cases above list price. Have a plan and be prepared. If you need help finding your next home, let me know! My team and I are prepared to think outside the box and try to get a home under contract soon for you! Need to get preapproved?! Start here on a safe and secure application!
Why Do People Live in Champlin?
Champlin is snugly situated near the Mississippi River and offers a ton of fun for all! Champlin has more than a handful of parks which include AAndrew's Park Splash pad, and a Skate Park, a Lifetime Fitness, ice rink, movie theater, and easy commuting access to Highway 169 and Highway 610 to help your morning commute. (Search all Champlin Community has to offer).
Champlin also offers restaurants, grocery stores and coffee shops with three small strip malls with ice cream shops, Chinese Restaurant, Fast Food locations, Wells Fargo and Target. All the conveniences and a little smaller community feel than the neighboring Brooklyn Park and Maple Grove areas.
What Schools will the Kids Attend?
If you buy a home for sale in one of Champlin 55316’s great neighborhoods, it's likely that your kid(s) will attend one of these Anoka Hennepin School – 11, Schools ~ Oxbow Creek Elementary, serving grades K-5 (see all homes for sale near Oxbow Creek Elementary), Jackson Middle School, serving grades 6th-8th grade, (see all homes for sale near Jackson Middle School), Champlin Park High School services grades 9th-12th grade, (see all homes for sale near Champlin Park High School). If you're looking for specific speciality programs, Champlin offers access to magnet schools and unique school opportunities for elementary, middle school and high school students through Northwest Suburban Integration School District (www.nws.k12.mn.us). This is a great opportunity for children that excel in engineering, mathematics, and science.
See more Champlin School information according to Schooldigger.com.
Now You Really Want to Find a home for sale Champlin?
If you are interested in the current list of homes available in Champlin click on the link. Our 'for sale' property information is a direct feed from the Northstar MLS and is updated multiple times per day. If inventory is low and you do not receive search results, it's because no current inventory is available, Set your own search by creating a personal Champlin Homes alert, subscribe to the Champlin Market Insider so you're up-to-date on the current inventory, pricing and sales in Champlin. Otherwise, you may search all Champlin Homes for sale by price:
If you're thinking about selling your home, I would love the opportunity to earn your business! I am a resident of Champlin and also an experienced Realtor. Please connect with me to schedule a seller consultation so I can provide you with the details of my comprehensive marketing plan so that we can strategize to get your home sold quickly, for top dollar!
HerdaHeidi@gmail.com for any and all Real Estate questions or, 612-807-4858! Think you need a Champlin short sale? No problem, connect with me and we'll discuss your options and create a plan to get you moving in the right direction!
Thank you for reading Heidi Herda Real Estate ~ Champlin Realtor & Residents blog, "Champlin Real Estate l Market Report June 2017" Don't forget to like my Heidi Herda Champlin Real Estate Facebook Page or follow me on twitter @heidihomesearch
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