As the fifth largest city in the Twin Cities metropolitan area, the Coon Rapids real estate market is one of the more popular markets in the state of Minnesota. It has about 61,000 residents and is located along the banks of the beautiful Mississippi River. One of my family’s favorite things to do during the summer is enjoy water sports during the summer. Part of the Coon Rapids Dam is raised for the summer season so residents can enjoy their favorite water activity or just relax along the beach.
The number of quality schools was one of the priorities on our list when we searched the Coon Rapids real estate market. There are 20 schools in the Coon Rapids area and it is part of the Anoka-Hennepin School District. Our kids attend the Northdale Middle School and they will soon attend the Coon Rapids High School in a couple years. Their test scores have increased since we moved here and the district as a whole has been given a 7 out of 10 rating by area parents.
For home buyers looking for homes in the Twin Cities area, the Coon Rapids neighborhoods are the place to search. Abbey Estates offers condominium living alongside the beautiful Mississippi River. It is close to several schools including Adams Elementary School and Riverview Elementary School. Thousand Oaks is another great neighborhood which is just a short walk away from Bunker Hills Regional Park and the Bunker Hill Golf Course. McKay Lake is just a few minutes away as well. Look for homes in the popular Bridgewater neighborhood, too.
The Coon Rapids real estate market is made of homes in the Cape Cod and bungalow style which were built in the 1980s. However, there are many newer homes and condominiums in the price range between the low $100,000s and the high $400,000s. Many of these homes have lakefront views and spacious lots for today’s discerning home buyer.
Average number of days on the market in Coon Rapids was 53 days in October that was lower year over year, it was down -48.5% to 53 days in the past year. Average median sales price in Coon Rapids was $155,000 in October that was higher year over year, it was up absolute $32,500 dollars in the past year. Currently in Coon Rapids homeowners are getting about 96.5% from the original list price of their home which is down from 98.5% last month. We at Coon-Rapids-Real-Estate.Com were talking about new listings for the month of October (2013), they were up 8.4%. What is the current inventory for homes for sale in Coon Rapids? The latest reports of 190 days was reported in October, 2013 it was down -18.1% y/y. Coon Rapids closed sales dropped -10.1% mo/mo in October that something we are watching and concerned about with our Coon Rapids Real Estate Team. With 2.3 months of inventory for sale in Coon Rapids which was reported October call and expert at,Coon Rapids Real Estate Group. October, 2013 the $160,614 avg real estate average sales prices in Coon Rapids was higher m/m it was up 3%.