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The 100+ Market Updates for soy T vin 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. EALTORSSt. Anthony February Year to Date Hennepin County, MN 2008 2009 Change 2008 2009 Change New Listings 29 8 -72.4% 42 21 -50.0% Closed Sales 4 5 +25.0% 8 6 -25.0% Median Sales Price $211,500 $229,000 +8.3% $211,500 $207,750 -1.8% Average Sales Price $221,000 $196,700 -11.0% $211,344 $195,000 -7.7% Percent of Original List Price Received at Sale- 95.7% 92.1% -3.8% 99.3% 92.3% -7.0% Average Days on Market Until Sale~ 61 152 +150.9% 37 159 +332.8% Single-Family Detached Inventory 27 12 -55.6% — - Townhouse-Condo Inventory �36 -i 35 -2.8% 'Does not account for fist prices from any previous Acting contracts "City market time figures are based on cumulative Days on Markel,which does account for previous listing contracts Activity—Most Recent Month Activity—Yesir to Date 29 ■2008 42 ■2008 ■2009 ■2009 -11;M 21 8 q 5 8 6 W 1 t'. 1 New Listings Closed Sales New Listings Closed Sales Median Sales Price Percent of Original List Price Received $229,000 $211,500 2008 $211.500 $207,750 12008 99.3% 95.7% E 200 92.1% ■2009 92.3% February Year to Date February Year to Date Average Days on Market Until Sale Inventory of Homes for Sale 152 ■2008 159 ■2008 36 35 ■2009 Y7 ■2009 61 12 37 1 • February 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 2008 Minneapolis Area Association of REALTORS®based upon data reported to the Regional Muhiple Listing Service,Inc.