Champlin Real Estate Market Report November 2018

Market Trends

Champlin Real Estate - Market Report November 2018


Courtesy of Heidi Herda ~ Herda Home Team ~ 612.807.4858

Thank you for visiting!

This is a monthly blog post geared towards letting Champlin, MN residents know what's happening in the current Real Estate market, right here in their own community.  

Champlin Real Estate Facebook Page (Love these updates?

Don't miss the next one! "like" my Champlin Real Estate Facebook page to see these updates, "just listed", tips, tricks and FAQ's!)

Homes for sale near oxbow creek elementary

Housing Inventory Trends

The number of active listings in CHAMPLIN (55316) dropped by 36.7% from the previous month. The median number of days active properties have been listed is 81. This is significantly shorter than the national average. The number of sales in November dropped by 6.3% from the previous month.

If you're looking for the BEST time to sell your Champlin home, contact me directly, or schedule a 30 minute seller consultation. No obligation!


Curious how this affects YOUR Champlin Home value?

Champlin homes sold and closed in the month of November:  The average Champlin home for sale sold for $310,931 in November 2018.

Champlin, MN 55316 has 8 pending homes for sale with a median price of $333,790 and an average of 32 days listed on the market.

28 Champlin, MN homes sold and closed in the last month with an average of $307,642 for the price and an average of only 42 days listed on the market.

Of those 27 Champlin homes sold and closed, 8 were townhomes for sale, with an average sale price of $205,400 and 13 days on the market.

For Champlin one level homes for sale, the average price was $261,225 and only 23 days on the market.

For Champlin split level homes for sale, the average price was $323,358 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.

DIY Holiday Decorating Safety

DIY Holiday Decorating Safety

Thinking of selling Your Champlin Home?


Curious how these sales affect your home value? Check the recent homes sales near you, or visit MyChamplinHomeValue.com to get a free home value estimate!! 

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! You can save THOUSANDS... by checking out the new ZERO Keller mortgage... what does the ZERO mean? That's where you save money!!! Keller Mortgage does not charge an origination fee (typically 1% of sale price), they also do not charge additional fees associated with the lender, PLUS... any property over $150,000 they will also contribute $1,000 toward 3rd party fees... what does this mean to you? Thousands of dollars in savings to your buyer closing costs!! How do you get this?!! Download my app, search homes, get answers fast, and apply for a mortgage (no obligation) fast through the app! http://app.kw.com/KW1T7QNIF

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 Andrew'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 specialty 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.

See more Champlin School information according to Schooldigger.com.

 

Now You Really Want to Find a home for sale in 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: 

Champlin Single Family Homes under $200,000 New Listings
Champlin Single Family Homes $300,000 to $400,000
Champlin Single Family Homes $400,000 to $500,000
Champlin Single Family Homes $500,000 to $600,000

Champlin Condos & Townhomes for Sale

Selling Your Champlin Home? 


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! We can strategize to get your home sold quickly and for top dollar! 

HerdaHeidi@gmail.com for any and all Real Estate questions or, 612-807-4858!

Thank you for reading Heidi Herda Real Estate ~ Champlin Realtor & Residents, blog, "Champlin Real Estate - Market Report November 2018" Don't forget to like my Heidi Herda Champlin Real Estate Facebook Page or follow me on twitter @heidihomesearch

#markettrends #champlin #tipsforbuyers #tipsforsellers #herdahometeam #marketreports #minnesota #realestate