Question 1

What is the median sold price in Lottie Lake Estate?

Accepted Answer

The median sold price in Lottie Lake Estate is $83,750 based on 10 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Lottie Lake Estate?

Accepted Answer

The average sold price in Lottie Lake Estate is $125,712. Note that the average ($125,712) is higher than the median ($83,750), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Lottie Lake Estate?

Accepted Answer

Home prices in Lottie Lake Estate range from $21,900 to $357,500 based on recent sales data. This $335,600 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Lottie Lake Estate selling above or below asking price?

Accepted Answer

On average, homes in Lottie Lake Estate are selling at 90.6% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Lottie Lake Estate?

Accepted Answer

Homes in Lottie Lake Estate are selling in an average of 165 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Lottie Lake Estate?

Accepted Answer

The average price per square foot in Lottie Lake Estate is $198. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $396,000.

Question 7

How active is the real estate market in Lottie Lake Estate?

Accepted Answer

The Lottie Lake Estate market has seen 10 home sales over the past 2 years, with 8 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Lottie Lake Estate?

Accepted Answer

The most common property types selling in Lottie Lake Estate are: agriculture / farm (7 sold, avg $136,647), vacant lot (3 sold, avg $47,300). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Lottie Lake Estate?

Accepted Answer

Home prices in Lottie Lake Estate have increased by 196.0% over the past 2 years. The average sold price moved from $82,500 to $244,219. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Lottie Lake Estate a buyer's or seller's market?

Accepted Answer

Based on current data, Lottie Lake Estate is a buyer's market. Homes are selling in 165 days on average and at 90.6% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Lottie Lake Estate?

Accepted Answer

In Lottie Lake Estate, 10% of homes sold above asking price, while 90% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Lottie Lake Estate?

Accepted Answer

Homes selling in Lottie Lake Estate range from 200 to 1,214 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Lottie Lake Estate?

Accepted Answer

Lottie Lake Estate shows high price diversity with a standard deviation of $105,262 around the average price of $125,712. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Lottie Lake Estate?

Accepted Answer

Simply search our Lottie Lake Estate sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Lottie Lake Estate will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Lottie Lake Estate?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Lottie Lake Estate. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Lottie Lake Estate Homes Sold in the Last 30 Days

Lottie Lake Estate Sold Data Overview

Recently Sold in Lottie Lake Estate

Sold Data & Market Statistics for Lottie Lake Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Lottie Lake Estate compare to Rural St. Paul County?

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