Orono Home For Sale

With about 8,000 residents and homes available in a variety of price ranges, the Orono MN real estate market is a community that is inviting and charming. Located along the banks of Lake Minnetonka, Orono offers many opportunities for residents who love the outdoors. Our family enjoys going to the lake and fishing or swimming during the winter months and we have even been known to go ice skating when the lake is frozen over. And since this is the 10th largest lake in Minnesota, there is plenty of room for the entire community to come out and have a good time.

Another great thing that I appreciate about living in an Orono home is the city’s Adopt-a-Green-Space Program. I was one of the residents that signed up this year to “adopt” an area of natural land in Orono and keep it free of any trash, litter or debris. I also planted flowers in my area and my family goes out to weed it every couple weeks to help keep our community one that we can be proud of.

Orono Real Estate Info: Prices of Homes in Orono MN

Orono neighborhoods are popular pieces of MN real estate because many of them are located along the banks of one of the many lakes in the community. Many of these neighborhoods offer homes with large pieces of land which is ideal for owning animals or livestock. You can choose from vintage homes, colonial style options and other choices in Orono neighborhoods like Stonebay, Bergquist Wicklund’s Park and several others. Several neighborhood parks are also located near these Orono neighborhoods, including Casco Circle Park, Livingston Tower Park and several others.

Homes in the Orono real estate market vary in price. There are several that you can find for less than $150,000 if you are on a tight budget. There are also a large number of homes between $150,000 and $700,000. But the majority of Orono MN homes for sale fall in the more exclusive range of more than $700,000.

Orono Real Estate News: December Orono Home Sales

What is the current inventory for homes for sale in Orono? The latest reports of 92 days was reported in December, 2011 it was up 0 days mo/mo. With 7.9 months of inventory for sale in Orono which was reported December call and expert at,Orono Real Estate Team. The 8 closed sales in December was lower month over month in Orono it was down -3 houses. Average sales price in Orono was $479,375 in December that was lower year over year, as a percentage it was down -27.8%. In December, 2011 the 12 new listings were flat year over year in Orono up 0%. Orono percent of origional price listed recieved remained flat % yr/yr in December to 83.6% at this time we are comfortable with that0% yr/yr in December to 83.6%, call today to talk to with our Orono Real Estate Team. The Orono Real Estate Group was discussing median sales prices for the month of December, 2011 they were down ($12,000) dollars over the past year to $488,000. In Orono the average days on the market rose 34.8% yr/yr to 314 in December that something we are concerned about with our Orono Real Estate Group.