Blaine dec2011
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2010 2011 + / – 2010 2011 + / – New Listings 102 75 - 26.5% 1,651 1,427 - 13.6% Closed Sales 62 79 + 27.4% 818 957 + 17.0% Median Sales Price* $152,950 $159,950 + 4.6% $170,500 $154,950 - 9.1% Average Sales Price* $189,018 $179,058 - 5.3% $199,486 $181,786 - 8.9% Price Per Square Foot* $89 $84 - 4.8% $100 $88 - 11.9% Percent of Original List Price Received* 89.6% 91.1% + 1.6% 93.6% 92.1% - 1.6% Days on Market Until Sale 139 119 - 14.8% 125 132 + 5.7% Inventory of Homes for Sale 435 266 - 38.9% -- -- -- Months Supply of Inventory 6.5 3.3 - 49.7% -- -- -- Local Market Update – December 2011 A RESEARCH TOOL PROVIDED BY THE MINNEAPOLIS AREA ASSOCIATION OF REALTORS® - 26.5% + 27.4% + 4.6% Change in New Listings Change in Closed Sales Change in Median Sales Price December Year to Date Blaine * Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size. 1,651 1,427 Year to Date 2010 2011 102 79 December 2010 2011 ** 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 proportioned according to their share of sales during that period | Current as of January 9 2012 All data from Regional Multiple Listing Service Inc | Powered by 10K Research and Marketing | Sponsored by Royal Credit Union www rcu org Twin Cities Region Blaine - 25% - 20% - 15% - 10% - 5% 0% + 5% + 10% 1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011 Change in Median Sales Price from Prior Year (6-Month Average)** b a 818 957 New Listings Closed Sales + 17.0% - 13.6% 62 75 79 New Listings Closed Sales + 27.4% - 26.5% during that period. | Current as of January 9, 2012. All data from Regional Multiple Listing Service, Inc. | Powered by 10K Research and Marketing. | Sponsored by Royal Credit Union www.rcu.org
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Blaine MN Housing Market Statistics as of December 2011, including 2011 YTD numbers.
Transcript of Blaine dec2011
2010 2011 + / – 2010 2011 + / –
New Listings 102 75 - 26.5% 1,651 1,427 - 13.6%
Closed Sales 62 79 + 27.4% 818 957 + 17.0%
Median Sales Price* $152,950 $159,950 + 4.6% $170,500 $154,950 - 9.1%
Average Sales Price* $189,018 $179,058 - 5.3% $199,486 $181,786 - 8.9%
Price Per Square Foot* $89 $84 - 4.8% $100 $88 - 11.9%
Percent of Original List Price Received* 89.6% 91.1% + 1.6% 93.6% 92.1% - 1.6%
Days on Market Until Sale 139 119 - 14.8% 125 132 + 5.7%
Inventory of Homes for Sale 435 266 - 38.9% -- -- --
Months Supply of Inventory 6.5 3.3 - 49.7% -- -- --
Local Market Update – December 2011 A RESEARCH TOOL PROVIDED BY THE MINNEAPOLIS AREA ASSOCIATION OF REALTORS®
- 26.5% + 27.4% + 4.6%Change in
New ListingsChange in
Closed SalesChange in
Median Sales Price
December Year to Date
Blaine
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
1,6511,427
Year to Date 2010 2011
102
79
December 2010 2011
** 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 proportioned according to their share of sales
during that period | Current as of January 9 2012 All data from Regional Multiple Listing Service Inc | Powered by 10K Research and Marketing | Sponsored by Royal Credit Union www rcu org
Twin Cities Region
Blaine
- 25%
- 20%
- 15%
- 10%
- 5%
0%
+ 5%
+ 10%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011
Change in Median Sales Price from Prior Year (6-Month Average)** b
a
818957
New Listings Closed Sales+ 17.0%- 13.6%
6275 79
New Listings Closed Sales+ 27.4%- 26.5%
during that period. | Current as of January 9, 2012. All data from Regional Multiple Listing Service, Inc. | Powered by 10K Research and Marketing. | Sponsored by Royal Credit Union www.rcu.org
