Market Update for Ramsey MN Provided by John Squier Real Estate Agent and REALTOR for Anoka County Area

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    Market Update for Ramsey MN Provided by John Squier Real Estate Agent and REALTOR for Anoka County Area - Presentation Transcript

    1. A free research tool from the North Metro REALTORS® Association Brought to you by the unique data-sharing traditions of the REALTOR® community Ramsey December Entire Year Anoka County, MN 2007 2008 Change 2007 2008 Change New Listings 46 32 - 30.4% 888 803 - 9.6% Closed Sales 22 21 - 4.5% 310 338 + 9.0% Average Sales Price $197,319 $172,767 - 12.4% $231,622 $207,506 - 10.4% Percent of Original List Price Received at Sale* 90.5% 94.3% + 4.2% 94.5% 92.5% - 2.1% Average Days on Market Until Sale** 103 111 + 7.2% 116 139 + 19.9% Single-Family Detached Inventory 169 156 - 7.7% -- -- -- Townhouse-Condo Inventory 87 56 - 35.6% -- -- -- *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—Most Recent Month Activity—Year to Date 46 New Listings 888 New Listings Closed Sales Closed Sales 803 32 22 21 310 338 2007 2008 2007 2008 Average Sales Price Percent of Original List Price Received $231,622 94.3% 94.5% 92.5% $207,506 90.5% $197,319 2007 2007 $172,767 2008 2008 - 12.4% - 10.4% + 4.2% - 2.1% December Entire Year December Entire Year Average Days on Market Until Sale Inventory of Homes for Sale 169 139 156 2007 2007 111 116 2008 103 2008 87 56 + 7.2% + 19.9% - 7.7% - 35.6% December Entire Year 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. © 2008 Minneapolis Area Association of REALTORS®. The North Metro REALTORS® Association uses it under lisence.
    2. www.JohnSquier.Listingbook.com “ You now have the power to access the same database as the official Multiple Listing Service (MLS) used by licensed REALTORS . This Website provides you up-to- the-second information and puts you in total control of your home searching experience.” - John Squier
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