Maple Grove Home Sales Up

Home sales in the Maple Grove market are up 4.1% year-to-date while the number of homes for sale has dropped 39.9%.
With just a 3.6 month supply of homes for sale, the number of homes is below the 5 month supply that is considered a "balanced market" meaning the market is considered tilted in favor of sellers, a welcome change to many home-owners.
Driving this decline in inventory is a drop in bank-owned and lender-mediated short sale homes listed which are down 19.9% and 25.7% respectively while "traditional" owners selling their homes are up 4.1%.
With rents up, exceeding the cost of home ownership in many cases and interest rates at all time lows, the rate of home sales is not expected to decline, at least through the typically robust summer home-buying season.
Data and graphics courtesy of the Minneapolis Area Association of Realtors

Bear Sighting in Elm Creek Park

A black bear was sighted in the Elm Creek Park Reserve on June 9 and again a couple days later, first in the picnic areas and then wandering through the northern areas of the park. The park informed patrons not to approach the bear and to alert park staff if they see the bear. With coyotes in the park and now a bear sighted, authorities have warned residents not to leave their pets or small children unattended in their yard, even if the yard is fenced as these animals can be predatory.
Stock photo courtesy of Fox-8 Cleveland

Neighborhood Garage Sale-June 14, 15 & 16

The Elm Creek Park Reserve neighborhood will be holding its 3rd annual neighborhood garage sale on June 14-16 from 9AM-5PM.

The Maple Grove neighborhood is located on the west side of Zachary Lane between County Road 81 and 101st Ave N or enter from the round-a-bout at the Elm Creek Blvd/Park Reserve exit from 610, just west of Osseo. Signs will be posted.
(1) 11282 98th Pl N
(2) 11474 100th Ave N
(3) 9946 Deerwood Ln N
(4) 11613 100th Pl N
(5) 11655 100th Ave N
(6) 11867 101st Ave N
(7) 11900 101st Ave N
(8) 9710 Forestview Ln N
(9) 9881 Balsam Lane N
(10) 11290 97th Ave N
(11) 11270 97th Ave N
(12) 11950 101st Ave N
(13) 10011 Ives Ln N - plant sale
(14) 9816 Norwood Ln N - lots of kids clothes