Minneapolis100
This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA
Overview
Download & View Minneapolis100 as PDF for free.
More details
- Words: 1,341
- Pages: 3
A free research tool from the Minneapolis Area Association of REALTORS® Brought to you by the unique data-sharing traditions of the REALTOR® community
Minneapolis
August
Hennepin County, MN
Year to Date
2008
2009
Change
2008
2009
Change
New Listings
876
773
- 11.8%
8,094
7,062
- 12.8%
Closed Sales
557
539
- 3.2%
3,594
3,950
+ 9.9%
Median Sales Price
$177,350
$164,400
- 7.3%
$189,500
$147,500
- 22.2%
Average Sales Price
$200,935
$194,290
- 3.3%
$221,463
$181,317
- 18.1%
92.3%
96.8%
+ 4.9%
91.5%
93.8%
+ 2.5%
120
106
- 11.8%
128
116
- 9.4%
2,185
1,420
- 35.0%
--
--
--
1,153
920
- 20.2%
--
--
--
Percent of Original List Price Received at Sale* Average Days on Market Until Sale** Single-Family Detached Inventory Townhouse-Condo Inventory *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—Year to Date
Activity—Most Recent Month 876 773
2008 2009
8,094
2008 2009
7,062 557
539 3,594
- 11.8% New Listings
Closed Sales
Median Sales Price $177,350
- 12.8%
- 3.2%
2008 2009
96.8%
$147,500
92.3%
- 22.2%
August
Year to Date
Average Days on Market Until Sale 2008 2009
2008 2009
91.5%
93.8%
+ 2.5%
+ 4.9% August
Year to Date
Inventory of Homes for Sale 128
106
Closed Sales
Percent of Original List Price Received
- 7.3%
120
+ 9.9%
New Listings
$189,500 $164,400
3,950
116
2,185
2008 2009 1,420 1,153 920
- 11.8% August
- 9.4% Year to Date
- 20.2%
- 35.0% 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. © 2009 Minneapolis Area Association of REALTORS®, Inc. | Sponsored by Royal Credit Union
www.rcu.org
A free research tool from the Minneapolis Area Association of REALTORS® Brought to you by the unique data-sharing traditions of the REALTOR® community
New Listings
Aug 2008
Camden Downtown Minneapolis Longfellow Nokomis North Northeast Phillips Powderhorn Southwest University Area Uptown-Lakes
Aug 2009
Change
YTD 2008
159
96
- 39.6%
98
94
- 4.1%
50
40
- 20.0%
107
112
116
73
63
61
14 70
Closed Sales
YTD 2009
Change
Aug 2008
1,162
911
- 21.6%
56
84
+ 50.0%
459
638
997
1,031
+ 3.4%
62
54
- 12.9%
462
406
- 12.1%
448
398
- 11.2%
41
27
- 34.1%
231
272
+ 17.7%
+ 4.7%
890
916
+ 2.9%
62
62
- 0.0%
478
523
+ 9.4%
- 37.1%
1,009
657
- 34.9%
75
55
- 26.7%
493
445
- 9.7%
- 3.2%
595
565
- 5.0%
59
49
- 16.9%
268
360
+ 34.3%
17
+ 21.4%
238
149
- 37.4%
7
12
+ 71.4%
43
89
+ 107.0%
64
- 8.6%
711
522
- 26.6%
67
45
- 32.8%
270
366
+ 35.6%
94
117
+ 24.5%
984
955
- 2.9%
75
85
+ 13.3%
496
470
- 5.2%
19
18
- 5.3%
192
166
- 13.5%
18
14
- 22.2%
70
99
+ 41.4%
84
80
- 4.8%
862
789
- 8.5%
35
52
+ 48.6%
323
279
- 13.6%
Median Sales Price
Aug 2008
Camden Downtown Minneapolis Longfellow Nokomis North Northeast Phillips Powderhorn Southwest University Area Uptown-Lakes
Aug 2009
Change
YTD 2008
Aug 2009
Change YTD 2008 YTD 2009 Change + 39.0%
Percent of Original List Price Received
YTD 2009
Change
Aug 2008
Aug 2009
Change YTD 2008 YTD 2009 Change
$60,001
$74,750
+ 24.6%
$66,000
$44,100
- 33.2%
93.4%
97.3%
+ 4.3%
84.1%
93.3%
$221,450
$216,600
- 2.2%
$282,500
$250,000
- 11.5%
94.8%
94.3%
- 0.5%
96.5%
94.5%
- 2.2%
$185,670
$176,950
- 4.7%
$189,900
$169,900
- 10.5%
94.4%
97.6%
+ 3.4%
93.3%
95.5%
+ 2.3%
$216,500
$182,000
- 15.9%
$215,000
$188,000
- 12.6%
92.7%
95.9%
+ 3.5%
94.0%
94.9%
+ 0.9%
$44,450
$44,111
- 0.8%
$48,000
$35,000
- 27.1%
86.6%
104.1%
+ 20.1%
85.3%
94.9%
+ 11.2%
$173,000
$177,275
+ 2.5%
$176,250
$150,000
- 14.9%
91.4%
98.1%
+ 7.4%
91.5%
93.4%
+ 2.0%
$150,000
$95,000
- 36.7%
$119,200
$86,225
- 27.7%
97.8%
86.9%
- 11.2%
89.6%
89.0%
- 0.7%
$120,000
$125,000
+ 4.2%
$130,510
$95,000
- 27.2%
89.3%
102.4%
+ 14.7%
89.8%
93.6%
+ 4.2%
$274,000
$305,000
+ 11.3%
$280,000
$264,950
- 5.4%
95.9%
96.1%
+ 0.2%
94.0%
94.1%
+ 0.2%
$197,500
$164,400
- 16.8%
$208,250
$196,150
- 5.8%
92.6%
95.4%
+ 3.1%
93.4%
91.5%
- 2.0%
$295,000
$236,000
- 20.0%
$242,000
$232,000
- 4.1%
91.4%
89.2%
- 2.4%
93.0%
90.5%
- 2.8%
Single-Family Detached Inventory
Average Days on Market Until Sale YTD 2008
YTD 2009
Change
Aug 2008
Aug 2009
- 14.1%
172
107
- 37.8%
486
245
- 49.6%
+ 16.6%
107
115
+ 7.6%
2
4
+ 100.0%
93
92
- 0.3%
130
72
- 44.6%
Aug 2008
Aug 2009
Change
Camden Downtown Minneapolis Longfellow Nokomis North Northeast Phillips Powderhorn Southwest University Area
133
114
105
122
89
81
- 9.0%
Uptown-Lakes
Change
+ 10.9%
Townhouse-Condo Inventory
Aug 2009
Change
16
15
- 6.3%
505
459
- 9.1%
15
9
- 40.0%
Aug 2008
105
81
- 22.6%
109
92
- 15.7%
285
219
- 23.2%
27
23
- 14.8%
125
109
- 12.8%
149
111
- 25.8%
385
174
- 54.8%
11
5
- 54.5%
142
85
- 39.9%
146
120
- 17.9%
197
117
- 40.6%
30
48
+ 60.0%
175
153
- 13.0%
142
161
+ 13.3%
54
28
- 48.1%
57
36
- 36.8%
143
72
- 49.3%
128
141
+ 10.0%
217
106
- 51.2%
77
36
- 53.2%
104
97
- 6.6%
117
109
- 7.1%
261
267
+ 2.3%
46
50
+ 8.7%
87
212
+ 143.8%
120
172
+ 43.4%
32
23
- 28.1%
71
32
- 54.9%
137
139
+ 0.9%
120
155
+ 29.5%
134
165
+ 23.1%
296
208
- 29.7%
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.
© 2009 Minneapolis Area Association of REALTORS®, Inc. | Sponsored by Royal Credit Union
www.rcu.org
A free research tool from the Minneapolis Area Association of REALTORS® Brought to you by the unique data-sharing traditions of the REALTOR® community Brought to you by the unique data-sharing traditions of the REALTOR® community
2008 2009
Median Sales Price—Year to Date $282,500
$280,000
$250,000
$264,950 $242,000
$215,000 $189,900
$208,250 $188,000
$232,000
$196,150
$176,250
$169,900
$150,000 $130,510
$119,200
$95,000
$86,225 $66,000 $48,000
$44,100
- 33.2%
Camden
- 11.5%
- 10.5%
Downtown Longfellow Minneapolis
$35,000
- 12.6%
- 27.1%
- 14.9%
- 27.7%
Nokomis
North
Northeast
Phillips
- 27.2%
- 5.4%
- 5.8%
Powderhorn Southwest
University Area
- 4.1%
UptownLakes 2008 2009
Percent of Original List Price Received at Sale—Year to Date 93.3%
96.5%
94.5%
93.3%
95.5%
94.0% 94.9%
94.9%
91.5% 93.4%
85.3%
84.1%
+ 10.9%
Camden
- 2.2%
+ 2.3%
Downtown Longfellow Minneapolis
89.6% 89.0%
+ 0.9%
+ 11.2%
+ 2.0%
- 0.7%
Nokomis
North
Northeast
Phillips
89.8%
93.6%
+ 4.2%
94.0% 94.1%
93.4% 91.5%
+ 0.2%
- 2.0%
- 2.8%
University Area
UptownLakes
Powderhorn Southwest
93.0%
Days on Market Until Sale—Year to Date
2008 2009
172 149 107
- 37.8%
Camden
107
115
+ 7.6%
92
- 0.3%
Downtown Longfellow Minneapolis
172
161
146
142 120
111
109 93
90.5%
128
155
141 117
120
109
120
92
- 15.7%
- 25.8%
- 17.9%
+ 13.3%
Nokomis
North
Northeast
Phillips
+ 10.0%
- 7.1%
Powderhorn Southwest
Current Inventory
+ 43.4%
+ 29.5%
University Area
UptownLakes
Single-Family Detached Townhouse-Condo
459
267
245
219
208 174
165 117
72 15
Camden
4
9
Downtown Longfellow Minneapolis
23
Nokomis
106 48
5
North
Northeast
28 36
Phillips
36
50
Powderhorn Southwest
© 2009 Minneapolis Area Association of REALTORS®, Inc. | Sponsored by Royal Credit Union
23 32
University Area
www.rcu.org
UptownLakes
Minneapolis
August
Hennepin County, MN
Year to Date
2008
2009
Change
2008
2009
Change
New Listings
876
773
- 11.8%
8,094
7,062
- 12.8%
Closed Sales
557
539
- 3.2%
3,594
3,950
+ 9.9%
Median Sales Price
$177,350
$164,400
- 7.3%
$189,500
$147,500
- 22.2%
Average Sales Price
$200,935
$194,290
- 3.3%
$221,463
$181,317
- 18.1%
92.3%
96.8%
+ 4.9%
91.5%
93.8%
+ 2.5%
120
106
- 11.8%
128
116
- 9.4%
2,185
1,420
- 35.0%
--
--
--
1,153
920
- 20.2%
--
--
--
Percent of Original List Price Received at Sale* Average Days on Market Until Sale** Single-Family Detached Inventory Townhouse-Condo Inventory *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—Year to Date
Activity—Most Recent Month 876 773
2008 2009
8,094
2008 2009
7,062 557
539 3,594
- 11.8% New Listings
Closed Sales
Median Sales Price $177,350
- 12.8%
- 3.2%
2008 2009
96.8%
$147,500
92.3%
- 22.2%
August
Year to Date
Average Days on Market Until Sale 2008 2009
2008 2009
91.5%
93.8%
+ 2.5%
+ 4.9% August
Year to Date
Inventory of Homes for Sale 128
106
Closed Sales
Percent of Original List Price Received
- 7.3%
120
+ 9.9%
New Listings
$189,500 $164,400
3,950
116
2,185
2008 2009 1,420 1,153 920
- 11.8% August
- 9.4% Year to Date
- 20.2%
- 35.0% 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. © 2009 Minneapolis Area Association of REALTORS®, Inc. | Sponsored by Royal Credit Union
www.rcu.org
A free research tool from the Minneapolis Area Association of REALTORS® Brought to you by the unique data-sharing traditions of the REALTOR® community
New Listings
Aug 2008
Camden Downtown Minneapolis Longfellow Nokomis North Northeast Phillips Powderhorn Southwest University Area Uptown-Lakes
Aug 2009
Change
YTD 2008
159
96
- 39.6%
98
94
- 4.1%
50
40
- 20.0%
107
112
116
73
63
61
14 70
Closed Sales
YTD 2009
Change
Aug 2008
1,162
911
- 21.6%
56
84
+ 50.0%
459
638
997
1,031
+ 3.4%
62
54
- 12.9%
462
406
- 12.1%
448
398
- 11.2%
41
27
- 34.1%
231
272
+ 17.7%
+ 4.7%
890
916
+ 2.9%
62
62
- 0.0%
478
523
+ 9.4%
- 37.1%
1,009
657
- 34.9%
75
55
- 26.7%
493
445
- 9.7%
- 3.2%
595
565
- 5.0%
59
49
- 16.9%
268
360
+ 34.3%
17
+ 21.4%
238
149
- 37.4%
7
12
+ 71.4%
43
89
+ 107.0%
64
- 8.6%
711
522
- 26.6%
67
45
- 32.8%
270
366
+ 35.6%
94
117
+ 24.5%
984
955
- 2.9%
75
85
+ 13.3%
496
470
- 5.2%
19
18
- 5.3%
192
166
- 13.5%
18
14
- 22.2%
70
99
+ 41.4%
84
80
- 4.8%
862
789
- 8.5%
35
52
+ 48.6%
323
279
- 13.6%
Median Sales Price
Aug 2008
Camden Downtown Minneapolis Longfellow Nokomis North Northeast Phillips Powderhorn Southwest University Area Uptown-Lakes
Aug 2009
Change
YTD 2008
Aug 2009
Change YTD 2008 YTD 2009 Change + 39.0%
Percent of Original List Price Received
YTD 2009
Change
Aug 2008
Aug 2009
Change YTD 2008 YTD 2009 Change
$60,001
$74,750
+ 24.6%
$66,000
$44,100
- 33.2%
93.4%
97.3%
+ 4.3%
84.1%
93.3%
$221,450
$216,600
- 2.2%
$282,500
$250,000
- 11.5%
94.8%
94.3%
- 0.5%
96.5%
94.5%
- 2.2%
$185,670
$176,950
- 4.7%
$189,900
$169,900
- 10.5%
94.4%
97.6%
+ 3.4%
93.3%
95.5%
+ 2.3%
$216,500
$182,000
- 15.9%
$215,000
$188,000
- 12.6%
92.7%
95.9%
+ 3.5%
94.0%
94.9%
+ 0.9%
$44,450
$44,111
- 0.8%
$48,000
$35,000
- 27.1%
86.6%
104.1%
+ 20.1%
85.3%
94.9%
+ 11.2%
$173,000
$177,275
+ 2.5%
$176,250
$150,000
- 14.9%
91.4%
98.1%
+ 7.4%
91.5%
93.4%
+ 2.0%
$150,000
$95,000
- 36.7%
$119,200
$86,225
- 27.7%
97.8%
86.9%
- 11.2%
89.6%
89.0%
- 0.7%
$120,000
$125,000
+ 4.2%
$130,510
$95,000
- 27.2%
89.3%
102.4%
+ 14.7%
89.8%
93.6%
+ 4.2%
$274,000
$305,000
+ 11.3%
$280,000
$264,950
- 5.4%
95.9%
96.1%
+ 0.2%
94.0%
94.1%
+ 0.2%
$197,500
$164,400
- 16.8%
$208,250
$196,150
- 5.8%
92.6%
95.4%
+ 3.1%
93.4%
91.5%
- 2.0%
$295,000
$236,000
- 20.0%
$242,000
$232,000
- 4.1%
91.4%
89.2%
- 2.4%
93.0%
90.5%
- 2.8%
Single-Family Detached Inventory
Average Days on Market Until Sale YTD 2008
YTD 2009
Change
Aug 2008
Aug 2009
- 14.1%
172
107
- 37.8%
486
245
- 49.6%
+ 16.6%
107
115
+ 7.6%
2
4
+ 100.0%
93
92
- 0.3%
130
72
- 44.6%
Aug 2008
Aug 2009
Change
Camden Downtown Minneapolis Longfellow Nokomis North Northeast Phillips Powderhorn Southwest University Area
133
114
105
122
89
81
- 9.0%
Uptown-Lakes
Change
+ 10.9%
Townhouse-Condo Inventory
Aug 2009
Change
16
15
- 6.3%
505
459
- 9.1%
15
9
- 40.0%
Aug 2008
105
81
- 22.6%
109
92
- 15.7%
285
219
- 23.2%
27
23
- 14.8%
125
109
- 12.8%
149
111
- 25.8%
385
174
- 54.8%
11
5
- 54.5%
142
85
- 39.9%
146
120
- 17.9%
197
117
- 40.6%
30
48
+ 60.0%
175
153
- 13.0%
142
161
+ 13.3%
54
28
- 48.1%
57
36
- 36.8%
143
72
- 49.3%
128
141
+ 10.0%
217
106
- 51.2%
77
36
- 53.2%
104
97
- 6.6%
117
109
- 7.1%
261
267
+ 2.3%
46
50
+ 8.7%
87
212
+ 143.8%
120
172
+ 43.4%
32
23
- 28.1%
71
32
- 54.9%
137
139
+ 0.9%
120
155
+ 29.5%
134
165
+ 23.1%
296
208
- 29.7%
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.
© 2009 Minneapolis Area Association of REALTORS®, Inc. | Sponsored by Royal Credit Union
www.rcu.org
A free research tool from the Minneapolis Area Association of REALTORS® Brought to you by the unique data-sharing traditions of the REALTOR® community Brought to you by the unique data-sharing traditions of the REALTOR® community
2008 2009
Median Sales Price—Year to Date $282,500
$280,000
$250,000
$264,950 $242,000
$215,000 $189,900
$208,250 $188,000
$232,000
$196,150
$176,250
$169,900
$150,000 $130,510
$119,200
$95,000
$86,225 $66,000 $48,000
$44,100
- 33.2%
Camden
- 11.5%
- 10.5%
Downtown Longfellow Minneapolis
$35,000
- 12.6%
- 27.1%
- 14.9%
- 27.7%
Nokomis
North
Northeast
Phillips
- 27.2%
- 5.4%
- 5.8%
Powderhorn Southwest
University Area
- 4.1%
UptownLakes 2008 2009
Percent of Original List Price Received at Sale—Year to Date 93.3%
96.5%
94.5%
93.3%
95.5%
94.0% 94.9%
94.9%
91.5% 93.4%
85.3%
84.1%
+ 10.9%
Camden
- 2.2%
+ 2.3%
Downtown Longfellow Minneapolis
89.6% 89.0%
+ 0.9%
+ 11.2%
+ 2.0%
- 0.7%
Nokomis
North
Northeast
Phillips
89.8%
93.6%
+ 4.2%
94.0% 94.1%
93.4% 91.5%
+ 0.2%
- 2.0%
- 2.8%
University Area
UptownLakes
Powderhorn Southwest
93.0%
Days on Market Until Sale—Year to Date
2008 2009
172 149 107
- 37.8%
Camden
107
115
+ 7.6%
92
- 0.3%
Downtown Longfellow Minneapolis
172
161
146
142 120
111
109 93
90.5%
128
155
141 117
120
109
120
92
- 15.7%
- 25.8%
- 17.9%
+ 13.3%
Nokomis
North
Northeast
Phillips
+ 10.0%
- 7.1%
Powderhorn Southwest
Current Inventory
+ 43.4%
+ 29.5%
University Area
UptownLakes
Single-Family Detached Townhouse-Condo
459
267
245
219
208 174
165 117
72 15
Camden
4
9
Downtown Longfellow Minneapolis
23
Nokomis
106 48
5
North
Northeast
28 36
Phillips
36
50
Powderhorn Southwest
© 2009 Minneapolis Area Association of REALTORS®, Inc. | Sponsored by Royal Credit Union
23 32
University Area
www.rcu.org
UptownLakes
Related Documents
Minneapolis100
June 2020 5More Documents from "Jason Sandquist"
Foreclosures And Short Sales
May 2020 13
