




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.
North Oaks'smonths of inventory/supply for sale dropped -8.7% yr/yr in March we to see it continue to go lower . In March, 2012 the 5 closed sales were flat year over year in North Oaks it was up by 0 homes. What is the current inventory for homes for sale in North Oaks? The latest reports of 43 days was reported in March, 2012 it was up 4 days mo/mo. Currently in North Oaks homeowners are getting about 79.7% from the original list price of their home which is down from 81.6% last month. Average number of days on the market in North Oaks was 235 days in March that was higher year over year, it was up 10.8% to 235 days in the past year. Average median sales price in North Oaks was $410,000 in March that was higher month over month, up 13.2%. We at North Oaks Real Estate Group were talking about average sales prices for the month of March 2012, they were down ($92,920) dollars yr/yr to $431,880. North Oaks new listings rose 36.4% mo/mo in March that something we are watching and concerned about, with our North Oaks Real Estate Group.







