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The 100. Market updates rw too,wl„tstsa:t or„rrar,itias 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* Twin Cities Region December Year to Date 13-County Metropolitan Area 2006 2007 Change 2006 2007 Change New Listings 4,361 4,348 -0.3% 108,022 105,044 -2.8% Closed Sales 2,950 2,376 -19.5% 47,901 40,055 -16.4% Average Sales Price $285,930 $266,121 -6.9% $278,432 $274,767 -1.3% Percent of Original List Price Received at Sale- 94.8% 91.2% -3.8% I 96.8% 94.7% -2.2% Average Days on Market Until Sale- 132 154 +16.7% NA 148 NA Single-Family Detached Inventory 15,493 18,793 +21.3% - - _ Townhouse-Condo Inventory 7,408 7,882 +6.4% .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 4,361 13New Listings 4,348 108,022 17 New Listings 105,044 19Closed Sales DClosed Sales 2,950 2,376 47.901 - 40,055 2006 2007 2006 2007 Average Sales Price Percent of Original List Price Received $285,930 $278,432 $266,121 02006 $274,767 94.8% 91.2!4 02006 96.8°A 94,7% 02007 172007 December Year to Date December Year to Date Average Days on Market Until Sale Inventory of Homes for Sale 154 0 18,793 132 2006 148 15,493 02006 132007 D2007 ,.<. 7,408 7.882 0 - December 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. 0 2007 Minneapolis Area Association of REALTORS®based upon data reported to the Regional Multiple Listing Service,Inc.