Crystal Housing Report December 2009

1. MARKET ACTION REPORT December 2009
David A. Cohen
MLS Area: 361 - Crystal Realtor
612-819-4077
www.EquityDefender.com
Trending versus*: Trending versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year
Median List Price of all Current Listings $171,650
Average List Price of all Current Listings $194,188
December Median Sales Price $137,400 $150,000
December Average Sales Price $130,400 $139,485
Total Properties Currently for Sale (Inventory) 86
December Number of Properties Sold 20 365
December Average Days on Market (Solds) 46 65
Asking Price per Square Foot (based on New Listings) $82 $97
December Sold Price per Square Foot $94 $90
December Month's Supply of Inventory 4.3 4.4
December Sale Price vs List Price Ratio 96.1% 92.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Number of Properties Sold 3 Mo Avg
60
Property Sales
December Property sales were 20, down -20.0% 50
50
from 25 in December of 2008 and -33.3% lower 40
41
than the 30 sales last month. December 2009 sales
39
36
35
35
35
were at a mid level compared to December of 2008 30
31
30
30
29
29
28
28
27
and 2007. December YTD sales of 365 are running
25
25
20
22
21
21
21
20
20
20
20
30.8% ahead of last year's year-to-date sales of 279.
19
18
18
18
17
17
16
15
10
12
11
10
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
07 08 09
Median Sales Price and Average Sales Price
(000's)
Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg
Prices 250
The Median Sales Price in December was $137,400, 230
up 14.5% from $120,000 in December of 2008 and 210
190
down -14.1% from $160,000 last month. The
170
Average Sales Price in December was $130,400, 150
down -8.3% from $142,186 in December of 2008 130
and down -17.5% from $158,063 last month. 110
December 2009 ASP was at the lowest level 90
compared to December of 2008 and 2007. 70
50
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
07 08 09
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
250 18
The Total Inventory of Properties available for sale as of
December was 86, down -20.4% from 108 last month and 16
223
200
211
209
down -26.5% from 117 in December of last year. 14
199
199
198
192
181
December 2009 Inventory was at its lowest level 12
180
180
179
179
173
169
150
163
162
compared with December of 2008 and 2007. 10
152
145
143
142
139
138
135
133
127
127
8
123
120
118
117
100
113
108
107
106
103
6
86
A comparatively lower MSI is more beneficial for sellers
50 4
while a higher MSI is better for buyers. The December
2009 MSI of 4.3 months was at its lowest level compared 2
with December of 2008 and 2007. 0 0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
07 08 09
Copyright © Coldwell Banker Burnet | Price Range: All | Property Types: Single Family
Data is provided courtesy of Regional Multiple Listing Service of Minnesota Incorporated and may not reflect all relevant real estate activity. Coldwell Banker Burnet does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

2. MARKET ACTION REPORT December 2009
David A. Cohen
MLS Area: 361 - Crystal Realtor
612-819-4077
www.EquityDefender.com
Days On Market for Sold Properties
Market Time Average Days on Market (Listing to Contract) for properties sold during the month 3 Mo Avg
The average Days On Market (DOM) shows how many 140
days the average Property is on the market before it 120
sells. An upward trend in DOM tends to indicate a move
100
towards more of a Buyer's market, a downward trend a 77
move towards more of a Seller's market. The DOM for 80 60
December was 46, down -11.5% from 52 days last month 60 46
and down -40.3% from 77 days in December of last year. 40
The December 2009 DOM was at its lowest level
compared with December of 2008 and 2007. 20
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
07 08 09
Selling Price per Square Foot
Average Selling Price per Square Foot for properties that sold during the month 3 Mo Avg
Selling Price per Square Foot 150
The Selling Price per Square Foot is a great indicator for 140
the direction of Property values. Since Median Sales 130
Price and Average Sales price can be impacted by the 120 113
'mix' of high or low end Properties in the market, the 110
selling price per square foot is a more normalized 94
100
indicator on the direction of Property values. The 90 83
December 2009 Selling Price per Square Foot of $94 80
was down -6.9% from $101 last month and up 13.3% 70
from 83 in December of last year. 60
50
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
07 08 09
Selling Price versus Listing Price Ratio
Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg
100%
96.1%
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the 95% 93.0%
average amount that Sellers are agreeing to come down 90.4%
from their original list price. The lower the ratio is 90%
below 100% the more of a Buyer's market exists, a ratio
at or above 100% indicates more of a Seller's market.
85%
The December 2009 Selling Price vs Original List Price
of 96.1% was up from 94.4% last month and up from
90.4% in December of last year. 80%
75%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
07 08 09
Inventory / New Listings / Sales
Inventory / New Listings / Sales 250 Inventory New Listings Sales
This last view of the market combines monthly
223
200
211
209
inventory of Properties for sale along with New Listings
199
199
198
192
181
and Sales. The graph shows the basic annual
180
180
179
179
173
169
150
163
162
seasonality of the market as well as the relationship
152
145
143
142
139
138
135
133
between these items. The number of New Listings in
127
127
123
120
118
117
100
113
108
107
106
December 2009 was 22, down -15.4% from 26 last
103
86
month and down -31.3% from 32 in December of last
50
year.
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
07 08 09
Copyright © Coldwell Banker Burnet | Price Range: All | Property Types: Single Family
Data is provided courtesy of Regional Multiple Listing Service of Minnesota Incorporated and may not reflect all relevant real estate activity. Coldwell Banker Burnet does not warrant or guarantee
the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.