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Local Market Update — January 2013 <br /> A RESEARCH TOOL PROVIDED BY THE SAINT PAUL AREA ASSOCIATION OF REALTORS 7 Suiri1 rygai <br /> tsSOCUI£(5 or RLALMRS <br /> - 37.0% + 36.4% + 21 .4% <br /> Change in Change in Change in <br /> NewBrighton New Listings Closed Sales Median Sales Price <br /> January Year to Date <br /> 2012 2013 +/- 2012 2013 +/- <br /> New Listings 27 17 -37.0% 27 17 -37.0% <br /> Closed Sales 11 15 +36.4% 11 15 +36.4% <br /> Median Sales Price* $138,000 $187,500 +21.4% $138,000 5187,500 +21.4% <br /> Average Sales Price* $146,535 $188,543 +15.0% $146,535 $188,543 +15.0% <br /> Price Per Square Foot* $75 $85 +13.8% $75 $85 +13.8% <br /> Percent of Original List Price Received* 87.6% 91.2% +4.1% 87.6% 91.2% +4.1% <br /> Days on Market Until Sale 92 83 -9.8% 92 83 -9.8% <br /> Inventory of Homes for Sale 83 32 -61.4% -- -- -- <br /> Months Supply of Inventory 5.5 1.5 -72.7% -- -- -- <br /> 'Does not account for seller concessions I Activity for one month can sometimes look extreme due to small sample sloe <br /> January ■2012 ■2013 Year to Date 2012 .2013 <br /> 27 27 <br /> 17 15 Ii <br /> 7 <br /> 15 <br /> jinni 11 11 <br /> -37.0% +36.4% -37.0% +36.4% <br /> New Listings Closed Sales New Listings Closed Sales <br /> Change in Median Sales Price from Prior Year (6-Month Average)** Twin Cities Region <br /> New Brighton <br /> ---- <br /> +40% T------- _ <br /> +30% • - <br /> +20% -0% lb. <br /> 4 „mom/- --- <br /> i <br /> 1 <br /> _10% ,...,_: ._. ______, <br /> -20% - - — - _ --— <br /> t <br /> -30% - <br /> - <br /> 1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 1-2012 7-2012 1-2013 <br /> "Each dot represents the change in median sales price from the prior year using a 6-month weighted average This means that each of the 6 months used in a dot are <br /> proportioned according to their share of sales during that period. I All data horn NorthstarMLS. I Powered by 10K Research and Marketing <br />