The small community of North Oaks is a great place for buyers who are looking for a quaint community as their new home. The North Oaks real estate market offers a sense of privacy because of the private access signs that help keep unwanted visitors at bay. But it is still close to the Twin Cities region so North Oaks residents are never far away from the convenience of the big city. I love the fact that I can go to my busy job in St. Paul and then come home to the quietness of my home in North Oaks without needing to travel too far.
On the weekends, I like to go to the North Oaks Golf Club and spend a day with some friends or by myself on the lush greens surrounded by trees and other great landscaping features. The course was designed by golfer Tom Lehman and Stanley Thompson and has holes with various skill levels to make it challenging for golfers regardless of their experience.
The North Oaks MN community has several neighborhoods designed with you in mind. Some of the North Oaks neighborhoods include the Villas of Wilkinson Lake, The Pines of North Oaks and several new subdivisions that are being constructed and planned to help the community grow. You can find many of these homes with lakefront property which is one of the features that today’s home buyer really likes. Lakes in the area include Wilkinson Lake, Black Lake and Charley Lake, among others.
The North Oaks real estate market is generally designed for homeowners in the upper middle class and higher. Very few homes are available for less than $150,000 and the largest group of North Oaks homes for sale is in the price range above $500,000. Many of these homes have spacious properties and modern features that make them ideal for today’s discerning home buyer.
Currently in North Oaks homeowners are getting about 96.1% from the original list price of their home which is up from 93.8% last year. We at North Oaks Real Estate Group were talking the number of homes that closed for the month of October 2013, they were down -1 homes to a total of 11. North Oaks Real Estate Group were evaluating the months of inventory situation of real estate for sale market for the month of October 2013, it was up 6.1% in the past month. Average sales price in North Oaks was $580,252 in October that was higher year over year, it was up $49,505 dollars on average. North Oaks new listings rose 36.4% mo/mo in October that something we are watching and concerned about, at the North Oaks Real Estate Team. October, 2013 the $540,000 avg median sales prices in North Oaks was lower m/m it was down ($49,250) in October vs September. In North Oaks the average days on the market declined -4.1% yr/yr to 93 in October that we would like to see continue with our North Oaks Real Estate Group. North Oaks is now at 55 for days of inventory for sale in October that was higher vs last year, it was up 15 days.