CENTURY 21 Land of Lakes real estate news and activities for Grand Rapids MN and the greater Itasca County area.

We want to help our website users have more information on what is happening in the local communities and what it's like to live in Northern Minnesota as well as all the latest real estate market information. Morning lake viewWe will include information such as new restaurants, latest snowmobile trail conditions, local ice fishing contests, community events and much more. We welcome your feedback and comments.

March 10, 2020

Itasca County MN Feb 2020 market overview

February 2020 market over view

New Listings 2019 - 115 listings vs 81 in 2020 a drop of 29.6%

Pending sales 2019  - 56 pending vs 55 in 2020 a drop of 1.8%

Closed sales 2019  - 42 closed sales vs 57 in 2020 a increase of 35.7%

Avg sale price 2019  - $122,888 average sale price vs $157,561 in 2020 a increase of 28.2%

We are still short on inventory of certain types of properties. This is one of the reasons the Avg sale price is increasing. If your thinking about selling your home now is the time to capitalize on the higher sales price. If you are a buyer now is the time to start looking because the interest rates are at all time lows. 

The above numbers are from the Itasca Board of Realtors.

 

Posted in Market Updates
Feb. 11, 2020

Itasca County MN Jan 2020 Market report

January 2020 Market report for Itasca County MN and surrounding areas.

New Listings 78 vs 93 in Jan 2019 a decrease of 16.1%

Closed home sales 41 vs 40 in Jan 2019 a increase of 2.5%

Avg sale price $163,415 vs $172,932 in Jan 2019 a decrease of 5.5%

Active homes for sale 445 vs 671 in Jan 2019 a decrease of 33.7%

The trend we are seeing is that there is a shortage of certain types of homes that are on the market. We had been seeing an increase on the average sale price up in till this month. If your thinking about selling now would be a good time to talk with us to get the highest price out of your home.

These figures were from the Itasca County Board of realtors.

Posted in Market Updates
Jan. 29, 2020

New agent Apryl

Century 21 Land of Lakes welcomes a new agent!

We are excited to welcome Apryl Mertes as the newest member of Century 21. Both she and her husband were born and raised in Grand Rapids and were excited to move back home to raise their kids. In her free time she enjoys spending time on the area lakes, fishing and boating. In the winter she can often be found at the arena cheering on Grand Rapids hockey teams, including her sons mite team. Apryl has also had a successful career as a hair stylist in the community for the last 12 years. She is passionate about helping people and is excited to serve the community by meeting our real estate needs. Her energetic personality, her eye for beauty, and her honesty will bring greatest value to her clients. She would love to help you find your dream home or sell your current one. Apryl brings a fresh energy and perspective to our team and she is excited to partner with you.
Give Apryl a call in the office for all your real estate needs. 218-326-0323. 

 

Posted in New Agent
Jan. 21, 2020

Itasca County MN 2019 market overview

Itasca county real estate market information.

2019 year end real estate statistics. 

New listings 2019 - 1,113 vs 2018 - 1,183 a drop of 5.9% year over year.

Median Home sales price 2019 - $165,000 vs $160,000 in 2018 a increase of 3.1%

Current homes for sale 2019 - 245 vs 383 in 2018 a drop of 36%

The forecast for 2020 is to have a lower listing count. This will help increase the average sale price. If your thinking of selling you may want to take advantage of the increasing sales price. 

The information above is taken from the Itasca County Board of Realtors

Posted in Market Updates
Dec. 19, 2019

Itasca County MN market overview

November 2019 Market statistics for Itasca County

  1. New listings 2018 - 68 vs 2019 - 65  that's a drop of 4.4%

  2. Closed Sales 2018 - 101 vs 2019 - 84 that's a drop of 16.8%

  3. Avg. Sale Price 2018 - $156,723 vs 2019 - $179,793 that's an increase of 14.7%

  4. Number of homes for sale 2018 - 786 vs 2019 - 571 that's a decrease of 27.4%

Over all year to date numbers are new listings are down from last year and the average sale price is up from last year. There is still a 5.5 month supply of property for sale in the Itasca County area which is down from last year. This is why your seeing an increase in the average sale price. Its still not a sellers market but we are closer to that than we were a year ago. This information is provided by the Itasca Board of Realtors.

Posted in Market Updates
Dec. 19, 2019

New Agent

Century 21 Land of Lakes Welcomes New Agent.

Megan Porth

Megan Porth has joined Century 21 Land of Lakes in their Grand Rapids MN office. Megan is a full time realtor and has hit the ground running. She is very detailed oriented and will provide her clients with excellent communication and attention to details. Megan and her husband moved to the area with their daughter and live on one of the many beautiful lakes in Itasca County. She enjoys spending time with her family enjoying kayaking, biking, hiking, fishing and boating on the areas lakes.

Give Megan a call at the office 218-326-0323 for all your real estate needs.

Posted in New Agent
Dec. 17, 2019

Toys for Tots

The Toys for Tots program in conjunction with the Itasca County Second Harvest Food Bank had their annual toy packaging day last Saturday.

For the second year in a row the agents from Century 21 Land of Lakes participated in packaging toys that will be distributed around the Grand Rapids MN and surrounding towns including Hill City, Big Fork, Nashwauk, Inger and Deer River. We helped packed roughly 1800 packages. Second Harvest distributes the toys and all the food for a Christmas meal to the families that need a little help this time of year. On Monday the agents went back and handed out the packages to the families. 

Dec. 13, 2019

Tip ups and Tines tournament

Attention Ice fisherman!

The annual Riley's Cannibal Junction Tip ups and Tines tournament is going to be December 28th. Call John at Riley's if you want to have fun on a Saturday. 

Posted in Local activities
Dec. 13, 2019

Snow conditions

Attention all snowmobile enthusiasts!

Over the last 2 weeks we have received a couple of snow falls of 6". The Marcell snowmobile club has had the trail groomer out and has groomed some of the trails. The lakes are snow covered with ice depths running from 6" to 12" in spots. there is some slush on the lakes. Be care full when riding on the lakes.You can see the springs in places with open water holes around them. Trail conditions will continue to improve as we get more snow.

July 31, 2017

Curious About Local Real Estate?

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates