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1 The 100. 1C% Market Updates for 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 April Year to Date Hennepin County, MN 2007 2008 Change 2007 2008 Change New Listings 21 26 +23.8% 74 87 +17.6% Closed Sales 13 7 -46.2% 33 22 -33.3% Average Sales Price $247,302 $213,286 -13.8% $261,505 $198,854 -24.0% Percent of Original List Price Received at Sale* 94.9°/x, 92.1% -3.0% 95.5% 95.3% -0.2% Average Days on Market Until Sale~ 169 149 -11.5% 67 92 +38.0% Single-Family Detached Inventory 22 25 +13.6% - Townhouse-Condo Inventory 31 39 +25.8% – – 'Does not account for list prices from any previous listing contracts "City market time figures are based on Cumulative Days on Market,which does account for previous listing contracts Activity—Most Recent Month Activity—Year to Date 0 New Listings 26 13 New Listings 67 21 13 Closed Sales 74 13Closed Sales 13 :,.< 7 7733 7 22 1___ 2007 2008 2007 2008 Average Sales Price Percent of Original List Price Received $247,302 $213,286 D $261,505 $198,854 2007 94.9% 92.1% 02007 95.5% 95.3% 0 2008 152008 77r r. —— --� —T—711 -- April Year to Date April Year to Date Average Days on Market Until Sale Inventory of Homes for Sale 169 149 02007 C32007 39 132008 E3 2008 31 92 22 25 > 67 1-7 7, 1 - r _ 1 April 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. 9 2007 Minneapolis Area Association of REALTORS®based upon data reported to the Regional Multiple Listing Service,Inc.