Heidi Herda of Keller Williams Sells Another Champlin MN Home For Sale

CHAMPLIN, Minn. - July 2, 2016 - PRLog -- Heidi Herda of Keller Williams Classic Realty Sells Another Champlin MN Home For Sale

Heidi Herda of The Herda Home Team has sold another Champlin MN Home. The Herda Home Team, specializing in residential Real Estate Sales, for the North Metro, specifically Champlin, Dayton, Brooklyn Park, Coon Rapids, Maple Grove and more. Heidi Herda is thrilled to have another successful closing in Champlin MN.

This particular Champlin home for sale was listed in February of 2016 and was located in the Parkview at Elm Creek neighborhood. This Champlin home for sale was a single family home with four bedrooms, two bathrooms and a two car garage. The home was built in 1989 with approximately 2,321 square feet.

The home was on Hillside drive and part of the Champlin 55316 zip code and also part of School District - 11 Anoka-Hennepin Schools.

The seller on this property was looking to downsize to less maintenance living and they were thrilled when the property received an offer and later sold for $243,200. This seller was pleased to have found a new townhome to purchase.

Currently, the average price for a Champlin MN 55316 home is $279,070. The number of active listings in Champlin (55316) increased by 34.1% from the previous month.

The median number of days active properties have been listed is 20. This is significantly shorter than the national average. The number of sales in May dropped by 55.6% from the previous month. The Champlin Real Estate market still remains a seller's market with many home owner's receiving offers above listing price and receiving multiple offers on the property. Demand for Champlin Real Estate is still high with a great shortage of inventory in this area, which is causing home values to continue to increase.

With low all around interest rates many Champlin homeowner's are selling their home's with a nice profit and having enough down payment to purchase their new home with ultra low-interest rates. Recent closings on a 30-year fix loan are now at 3.5% lock (subject to change). We haven't seen rates this low in 3 years says, Heidi Herda owner of The Herda Home Team. Now is a spectacular time to sell and buy your next dream home!

The Champlin MN community currently has a low percentage of unoccupied properties at just -12.03% below the national average. Which is a decrease from troubled years earlier. The distressed properties for Champlin are also at an all-time low of just 3.7%, which is great news for homeowner's seeing a hike in property values.

The percent of owner occupied properties in Champlin (55316) is 20% above the national average which suggests there's a great pride of ownership of property in this area.

About:

The Herda Home Team specializes in the North Metro Real Estate market, Champlin Real Estate, Dayton Real Estate, Coon Rapids Real Estate, Brooklyn Park Real Estate, Otsego Real Estate and many more surrounding cities. Get in contact with a Real Estate agent from their team for more information on how you can buy or sell in this hot market.

Contact:

Heidi Herda Realtor

Keller Williams Classic Realty

612.807.4858

http://www.HomesForSaleinChamplin.com