According to the Multiple Listing Service, the median price for homes closed in August for Chisago County was up 20% over August 2016. The median price for August was $249,900. There were 113 homes that closed in August 2017 and 114 homes closed in August 2016. Prices were up from July as well which had a median price of $215,700. In August 2015, there were only 98 sales with a median price of $199,500.

  The highest priced home to sell, in August, was $510,000 on Chisago Lake and the lowest price home was a condo on North Center Lake for $77,600. The highest priced home with acreage was 119 acres for $375,000. 

  There were 26 waterfront homes sold in August with a median price of $301,900 and 87 non-waterfront homes with a median price of $224,000. There were 15 new construction homes with a median price of $329,900, 8 townhomes with a median price of $215,000, and 1 condominium at $77,600. 

  The city with the highest number of sales was North Branch at 26 with a median price of $219,000. Followed by Chisago City and Lindstrom which each had 16 sales in August. The median price in Chisago City was $254,200 and Lindstrom was $210,000. 

  Chisago Lake Township had the highest median price in August, at $382,500 with 10 sales. There were 3 more new construction homes closed in August this year compared to 2016.

  It’s a good time to sell real estate in Chisago County. Prices are up, inventory is down, and marketing time is down!   

Ask the Real Estate Agent is a weekly column by Cheryl Kempenich of Coldwell Banker Burnet, who lives and offices in the Chisago Lakes Area. Submit your questions to All information is deemed reliable but not guaranteed. For legal assistance consult an attorney.