Otsego MN Single Family Homes for Sale - Estimated Annual Property Taxes by Price Range
By Patti Ann Kasper, Blaine & North Metro Minneapolis St Paul Real Esta
(EXIT REALTY NEXUS)
There are a total of 138 Single Family homes currently listed for sale on the MLS in Otsego, Minnesota (as of 12/30/07). The average list price is $308,482 - however, that average is weighted by several homes/farms/large properties in listed over $750,000. If you throw out these large properties and look at the median price, it is $287,692.November Statistics:When compared to the same time last year, the number of new listings in Otsego was up 2.8% and the average sale price was up 6.4%. However, the number of closed sales (homes sold) fell by 51.9% and not surprisingly, the inventory of single family homes is up 37.3%. Otsego is primarily new developments and that accounts for the continued strength in prices as most of the homes for sale are new or very recent construction. The r...
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