Community Corner
Richfield Sees Five More Homes SOLD!
There's no post-Labor Day slow down in Richfield housing sales.
Richfield saw five homes change hands during the last week, the high number reflecting end of summer purchase agreements.
Buyers are taking advantage of the historically low interest rates and the buyers’ market. Although during most years, home sales slow after Labor Day, this year that may not happen. Buyers continue to shop for homes, even as the seasons change.
How long will this last? No one knows, but fall and even winter is a good time for buyers to find their dream home. Homes in Richfield sell quickly, especially compared to many areas of the Twin Cities.
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Here are the details on the five homes that SOLD! last week:
1) 6500 Woodlake Dr. #207
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Listed by: Coldwell Banker Burnet
Senior high-rise condo: one bedroom, one bath
Days on Market: 27
Closed: Sept. 30, 2011
Original List Price: $39,900
List Price at Time of Offer: $39,900
Sold Price: $32,000
2) 6735 Portland Ave. S.
Listed by: Re/Max Results
Single-family home: three bedrooms, two baths
Days on Market: 47
Closed: Sept. 19, 2011
Original List Price: $167,500
List Price at Time of Offer: $149,900
Sold Price: $147,500
Seller Contribution: $4,000
3) 7526 Columbus Ave. S.
Listed by: Edina Realty
Single-family home: three bedrooms, one bath
Days on Market: 9
Closed: September 29, 2011
Original List Price: $156,500
List Price at Time of Offer: $156,900
Sold Price: $148,900
Seller Contribution: $5,200
4) 6520 Newton Ave. S.
Listed by: Coldwell Banker Burnet
Single-family home: three bedrooms, two baths
Days on Market: 34
Closed: Sept. 29, 2011
Original List Price: $189,900
List Price at Time of Offer: $189,900
Sold Price: $189,900
Seller Contribution: $5,697
5) 7412 Emerson Ave. S.
Listed by: Keller Williams Integrity RE
Single-family home: four bedrooms, one bath
Days on Market: 87
Closed: Sept. 29, 2011
Original List Price: $239,000
List Price at Time of Offer: $229,000
Sold Price: $205,500
Seller Contribution: $5,000
Stephanie Fox is a licensed real estate agent with Coldwell Banker Burnet.