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The 100. Market Updates fw ioo Twin Cities Communities A free research tool from the Minneapolis Area Association of REALTORS@ MINNEAPOLIS AREA Association Brought to you by the unique data-sharing traditions of the REALTOR®community of REALTORS' St. Anthony December Year. to Date Hennepin County,MN 2006 2007 Change 2006 2007 Change New Listings 4 13 +225.0% I 267 199 -25.5% Closed Sales 4 7 +75.0% ' 161 112 -30.4% Average Sales Price $238,000 $263,371 +10.7% $247,963 $257,612 +3.9% Percent of Original List Price Received at Sale- 97.1% 91.7% -5.6% 97.4% 95.9% -1.5% Average Days on Market Until Sale- 103 215 +108.7% NA 112 NA Single-Family Detached Inventory 16 17 +6.3% — _ _ Townhouse-Condo Inventory 31 32 +3.2% 'Does not account for list prices from any previous listing contracts "City market time figures were first available in August 2006,accounts for previous listing contracts Activity—Most Recent Month Activity—Year to Date ❑New Listings 13 267 ❑New Listings E3 Closed Sales E3 Closed Sales 199 7 161 4 4 112 - 7 2006 _T 2007 2006 2007 - Average Sales Price Percent of Original List Price Received $263,371 $247,963 $257,612 $238,000 ❑2006 97.1% 91.7% 132006 97.4% 95.9% t7 2007 .1117 C 2007 December Year to Date December Year to Date Average Days on Market Until Sale Inventory of Homes for Sale 215 ❑2006 132006 31 32 02007 ❑2007 103 112 16 17 0 December T— Year to Date Single-Family Detached Townhouse-Condo Some of the figures referenced in this report are for only one month worth of activity. As such, they can sometimes look extreme due to the small sample size involved. For broader historical market information, please feel free to contact us. ©2007 Minneapolis Area Association of REALTORS®based upon data reported to the Regional Multiple Listing Service,Inc