Laserfiche WebLink
Local Market Update — May 2013 © 1 <br /> A RESEARCH TOOL PROVIDED BY THE SAINT PAUL AREA ASSOCIATION OF REALTORS® s p a a r <br /> + 3.0% - 26.5% + 14.4% <br /> Change in Change in Change in <br /> NewBrighton New Listings Closed Sales Median Sales Price <br /> May Year to Date <br /> 2012 2013 +/- 2012 2013 +/- <br /> New Listings 33 34 +3.0% 146 140 -4.1% <br /> Closed Sales 34 25 -26.5% 99 84 -15.2% <br /> Median Sales Price* $167,900 $192,000 +14.4% $145,000 $163,000 +12.4% <br /> Average Sales Price* $171,392 $194,138 +13.3% $158,878 $171,268 +7.8% <br /> Price Per Square Foot* $86 $98 +14.6% $87 $94 +7.3% <br /> Percent of Original List Price Received* 94.5% 97.6% +3.3% 92.5% 93.9% +1.5% <br /> Days on Market Until Sale 124 62 -50.0% 135 85 -37.0% <br /> Inventory of Homes for Sale 74 47 -36.5% -- -- -- <br /> Months Supply of Inventory 3.9 2.2 -43.6% -- -- -- <br /> -Does not account for seller concessions. 1 Activity for one month can sometimes look extreme due to small sample size <br /> May 112012 ■2013 Year to Date •2012 ■2013 <br /> 33 34 34 146 140 <br /> 111 99 <br /> 84 <br /> _ <br /> +3.0% -26.5% -4.1% -15.2% <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 /> +40% - - - <br /> +30% <br /> +20% <br /> +10% • <br /> 0% - / . <br /> .}., 440101°., <br /> -20% <br /> -30% <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 from NorthstarMLS. I Powered by 10K Research and Marketing. <br />