New Listings May Year to Date
New Listings A Statistical Market Report from the REALTOR® Association of Southern Minnesota May Year to Date 449 1,522 1,228 1,225 320 279 One Year Change: -37.9% Two Year Change:-12.8% 2013 2013 2014 2014 One Year Change: -19.3% Two Year Change: 0.2% 2015 2015 2013 2014 2015 Historical Market Activity 500 450 400 350 300 250 New Listings 200 Closed Sales 150 100 50 0 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Closed Sales A Statistical Market Report from the REALTOR® Association of Southern Minnesota Late Sales recorded in MLS figured in Year to Date Totals Year to Date May 776 242 193 728 170 693 One Year Change: -29.8% Two Year Change: -11.9% 2013 2014 One Year Change: -6.2% Two Year Change: 5.1% 2013 2015 2014 2015 Historical Market Activity 500 450 400 350 300 250 New Listings 200 Closed Sales 150 100 50 0 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Dollar Volume of Closed Sales (in millions) A Statistical Market Report from the REALTOR® Association of Southern Minnesota May Year to Date Late Sales recorded in MLS figured in Year to Date Totals $37.7 $109.2 $30.2 $29.4 $102.7 $94.7 One Year Change: -19.9% Two Year Change: 2.7% 2013 2014 One Year Change: 6.3% Two Year Change: 15.3% 2015 2013 2014 2015 Historical Dollar Volume (in millions) $40.0 $35.0 $30.0 $25.0 $20.0 $15.0 $10.0 $5.0 $May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Average Sales Price A Statistical Market Report from the REALTOR® Association of Southern Minnesota Figures do not take into account seller concessions. May Late Sales recorded in MLS figured in Year to Date Totals Year to Date $177,756 $149,947 $155,627 $152,306 $136,698 One Year Change: 14.2% Two Year Change: 16.7% 2013 2014 $137,115 One Year Change: 9.4% Two Year Change: 9.7% 2015 2013 2014 2015 Historical Average Prices $180,000 $175,000 $170,000 $165,000 $160,000 $155,000 $150,000 $145,000 $140,000 $135,000 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Median Sales Price A Statistical Market Report from the REALTOR® Association of Southern Minnesota Figures do not take into account seller concessions Late Sales recorded in MLS figured in Year to Date Totals Year to Date May $135,000 $130,000 $154,900 $144,200 2013 $125,000 $132,000 One Year Change: 17.3% Two Year Change: 7.4% 2014 2015 2013 One Year Change: 3.8% Two Year Change: 8.0% 2014 2015 Historical Median Prices $160,000 $155,000 $150,000 $145,000 $140,000 $135,000 $130,000 $125,000 $120,000 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Percent of Original List Price Received at Sale A Statistical Market Report from the REALTOR® Association of Southern Minnesota The Percent of Original List Price Received at Sale is calculated by comparing the final sales prices of closed sales to their original list prices. This does not account for list prices from any previous listing contracts. The sales price does not account for seller concessions. May 97% 96.0% 96% 95% 94.0% 94% 93.3% 93% One Year Change: -2.1% Two Year Change: 0.8% 92% 91% 2013 2014 2015 Historical Percent of Original List Price Received at Sale 96% 94% 92% 90% 88% 86% 84% 82% May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 New Listings in Zip Codes 56001 & 56003 A Statistical Market Report from the REALTOR® Association of Southern Minnesota May Year to Date 123 516 437 423 116 113 One Year Change: -2.6% Two Year Change: -8.1% 2013 2013 2014 2014 One Year Change: 22.0% Two Year Change: 18.1% 2015 2015 2013 2014 2015 Historical Market Activity 140 120 100 80 New Listings 60 Closed Sales 40 20 0 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Closed Sales in in Zip Codes 56001 & 56003 A Statistical Market Report from the REALTOR® Association of Southern Minnesota May Late Sales recorded in MLS figured in Year to Date Totals Year to Date 273 89 258 217 85 67 One Year Change: 26.9% Two Year Change: -4.5% 2013 2014 One Year Change: 18.9% Two Year Change: -5.5% 2015 2013 2014 2015 Historical Market Activity 140 120 100 80 New Listings 60 Closed Sales 40 20 0 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Dollar Volume of Closed Sales (in millions) in Zip Codes 56001 & 56003 A Statistical Market Report from the REALTOR® Association of Southern Minnesota May Year to Date Late Sales recorded in MLS figured in Year to Date Totals $47.4 $46.6 $39.4 $17.1 $16.6 $14.1 One Year Change: 21.3% Two Year Change: 3.0% 2013 2014 One Year Change: 20.3% Two Year Change: 1.7% 2013 2015 2014 2015 Historical Dollar Volume (in millions) $22.0 $20.0 $18.0 $16.0 $14.0 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 $0.0 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Average Sales Price in Zip Codes 56001 & 56003 A Statistical Market Report from the REALTOR® Association of Southern Minnesota Figures do not take into account seller concessions. May Late Sales recorded in MLS figured in Year to Date Totals Year to Date $183,683 $211,041 $181,541 $200,772 $170,540 $180,043 One Year Change: 1.2% Two Year Change: 7.7% One Year Change: -4.9% Two Year Change: 11.5% 2013 2014 2015 2013 2014 2015 Historical Average Prices $215,000 $210,000 $205,000 $200,000 $195,000 $190,000 $185,000 $180,000 $175,000 $170,000 $165,000 $160,000 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Median Sales Price in Zip Codes 56001 & 56003 A Statistical Market Report from the REALTOR® Association of Southern Minnesota May Figures do not take into account seller concessions Late Sales recorded in MLS figured in Year to Date Totals Year to Date $160,000 $160,000 $170,000 $169,000 $159,500 $165,000 2013 One Year Change: 0.6% Two Year Change: 3.0% 2014 2013 2015 One Year Change: 0.0% Two Year Change: 0.3% 2014 2015 Historical Median Prices $171,000 $170,000 $169,000 $168,000 $167,000 $166,000 $165,000 $164,000 $163,000 $162,000 May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Percent of Original List Price Received at Sale in Zip Codes 56001 & 56003 A Statistical Market Report from the REALTOR® Association of Southern Minnesota The Percent of Original List Price Received at Sale is calculated by comparing the final sales prices of closed sales to their original list prices. This does not account for list prices from any previous listing contracts. The sales price does not account for seller concessions. May 97% 96% 95% 94% 93% 92% 91% 96.1% 2013 96.0% 93.0% One Year Change: 3.2% Two Year Change: -0.1% 2014 2015 Historical Percent of Original List Price Received at Sale 97% 96% 96% 95% 95% 94% 94% 93% 93% 92% 92% 91% May.13 May.14 All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. May.15 Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Blue Earth/Winnebago/Wells/Kiester/Bricelyn Year to Date Faribault County, MN 2014 2015 Change 2014 2015 Change New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 37 16 $74,328 88.0% 178 94 94 13 5 $86,000 77.0% 215 69 69 -64.9% -68.8% 15.7% -12.5% 20.8% -26.6% -26.6% 88 54 $60,637 85.0% 210 - 61 29 $85,142 82.0% 229 - -30.7% -46.3% 40.4% -3.5% 9.0% - *Does not account for list prices from any previous listing contracts or seller concessions **City inventory figures were first tracked in June 2007 Activity-Most Recent Month Activity-Year to Date New Listings 37 88 New Listings Closed Sales Closed Sales 61 54 16 13 29 5 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price $86,000 $85,142 $74,328 2014 88.0% 2014 2015 $60,637 85.0% 82.0% 2015 77.0% May Year to Date May Average Days on Market Until Sale 215 210 Year to Date Current Inventory 229 178 69 2014 2015 0 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Eagle Lake/Madison Lake Year to Date Blue Earth County, MN 2014 2015 Change 2014 2015 Change New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 23 13 $227,611 94.0% 146 39 37 8 5 $206,160 98.0% 78 36 35 -65.2% -61.5% -9.4% 4.3% -46.6% -7.7% -5.4% 57 30 $205,500 95.0% 156 - 54 24 $223,745 96.0% 118 - -5.3% -20.0% 8.9% 1.1% -24.4% - *Does not account for list prices from any previous listing contracts or seller concessions **City inventory figures were first tracked in June 2007 Activity-Most Recent Month Activity-Year to Date 23 New Listings 57 54 Closed Sales New Listings Closed Sales 13 30 24 8 5 2014 2014 2015 2015 Average Sales Price Ratio of Sales Price to Original List Price $227,611 $223,745 2014 2015 98.0% 2014 2015 96.0% $206,160 $205,500 95.0% 94.0% May Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 35 146 2014 2015 156 118 78 1 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Elysian/Waterville Le Sueur County, MN 2014 New Listings 23 Closed Sales 10 Average Sales Price $171,080 Avg. Percent of Original List Price Received at Sale* 94.0% Average Days on Market Until Sale 91 Total Current Inventory** 84 Single-Family Detached Inventory 78 Year to Date 2015 Change 2014 2015 Change 11 3 $273,140 96.0% 232 32 32 -52.2% -70.0% 59.7% 2.1% 154.9% -61.9% -59.0% 71 24 $184,369 89.0% 209 - 40 28 $160,170 91.0% 153 - -43.7% 16.7% -13.1% 2.2% -26.8% - *Does not account for list prices from any previous listing contracts or seller concessions **City inventory figures were first tracked in June 2007 Activity-Most Recent Month Activity-Year to Date 23 71 New Listings New Listings Closed Sales Closed Sales 40 11 10 28 24 3 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price $273,140 96.0% 2014 2015 $171,080 $184,369 94.0% 2014 2015 $160,170 91.0% 89.0% May Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 232 209 2014 2015 153 32 91 0 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Lake Crystal Blue Earth County, MN 2014 New Listings 12 Closed Sales 6 Average Sales Price $157,333 Avg. Percent of Original List Price Received at Sale* 96.0% Average Days on Market Until Sale 209 Total Current Inventory** 30 Single-Family Detached Inventory 30 2015 Change 2014 2015 Change 12 4 $123,475 90.0% 78 37 35 0.0% -33.3% -21.5% -6.2% -62.7% 23.3% 16.7% 44 15 $137,336 100.0% 171 - 50 19 $130,031 92.0% 89 - 13.6% 26.7% -5.3% -8.0% -48.0% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month 12 **City inventory figures were first tracked in June 2007 Activity-Year to Date New Listings 12 New Listings Year to Date Closed Sales 44 50 Closed Sales 6 4 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price 2014 2015 $157,333 19 15 $123,475 100.0% $137,336 $130,031 96.0% 2014 2015 92.0% 90.0% May Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 209 2014 2015 78 35 171 89 2 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May LeSueur/LeCenter/Henderson Le Sueur County, MN 2014 New Listings 31 Closed Sales 22 Average Sales Price $155,237 Avg. Percent of Original List Price Received at Sale* 95.0% Average Days on Market Until Sale 105 Total Current Inventory** 93 Single-Family Detached Inventory 86 2015 Change 2014 2015 Change 17 4 $159,700 94.0% 143 33 31 -45.2% -81.8% 2.9% -1.1% 36.2% -64.5% -64.0% 98 53 $128,294 92.0% 112 - 51 35 $114,203 86.0% 122 - -48.0% -34.0% -11.0% -6.5% 8.9% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month 31 Year to Date **City inventory figures were first tracked in June 2007 Activity-Year to Date New Listings New Listings 98 Closed Sales Closed Sales 22 17 53 51 35 4 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price 95.0% 94.0% $155,237 $159,700 92.0% 2014 2015 $128,294 May $114,203 Year to Date Average Days on Market Until Sale 2014 2015 May 86.0% Year to Date Current Inventory 143 2014 2015 105 112 122 31 2 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Lower North Mankato Nicollet County, MN 2014 New Listings 14 Closed Sales 6 Average Sales Price $126,916 Avg. Percent of Original List Price Received at Sale* 98.0% Average Days on Market Until Sale 101 Total Current Inventory** 17 Single-Family Detached Inventory 17 2015 Change 2014 2015 Change 10 6 $125,088 96.0% 121 18 17 -28.6% 0.0% -1.4% -2.0% 19.8% 5.9% 0.0% 42 29 $120,563 92.0% 106 - 34 22 $125,360 94.0% 121 - -19.0% -24.1% 4.0% 2.2% 14.2% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month 14 **City inventory figures were first tracked in June 2007 Activity-Year to Date New Listings Closed Sales 42 New Listings Closed Sales Year to Date 34 10 29 6 22 6 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price $126,916 $125,360 $125,088 98.0% 96.0% 2014 2015 2014 2015 $120,563 May Year to Date Average Days on Market Until Sale 121 94.0% 92.0% May Year to Date Current Inventory 121 2014 2015 17 106 101 1 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Madelia/St. James Watonwan County, MN 2014 New Listings 8 Closed Sales 5 Average Sales Price $134,780 Avg. Percent of Original List Price Received at Sale* 82.0% Average Days on Market Until Sale 209 Total Current Inventory** 31 Single-Family Detached Inventory 31 Year to Date 2015 Change 2014 2015 Change 3 2 $97,500 95.0% 64 9 9 -62.5% -60.0% -27.7% 15.9% -69.4% -71.0% -71.0% 21 21 $95,066 83.0% 215 - 12 14 $96,150 88.0% 376 - -42.9% -33.3% 1.1% 6.0% 74.9% - *Does not account for list prices from any previous listing contracts or seller concessions **City inventory figures were first tracked in June 2007 Activity-Most Recent Month 8 Activity-Year to Date 21 New Listings 21 New Listings Closed Sales Closed Sales 12 5 14 3 2 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price $134,780 95.0% $97,500 2014 2015 $95,066 $96,150 2014 2015 83.0% 82.0% May Year to Date Average Days on Market Until Sale 88.0% May Year to Date Current Inventory 376 2014 2015 9 215 209 64 0 Single-Family Detached May Townhouse/Condo Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Mankato Central Blue Earth County, MN 2014 New Listings 12 Closed Sales 7 Average Sales Price $115,635 Avg. Percent of Original List Price Received at Sale* 82.0% Average Days on Market Until Sale 103 Total Current Inventory** 47 Single-Family Detached Inventory 44 2015 Change 2014 2015 Change 17 8 $121,812 97.0% 93 36 33 41.7% 14.3% 5.3% 18.3% -9.7% -23.4% -25.0% 48 31 $104,350 90.0% 163 - 70 30 $113,966 93.0% 140 - 45.8% -3.2% 9.2% 3.3% -14.1% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month New Listings Year to Date **City inventory figures were first tracked in June 2007 Activity-Year to Date New Listings Closed Sales 17 70 Closed Sales 48 12 31 8 7 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price 97.0% $121,812 2014 2015 $115,635 30 2014 2015 $113,966 93.0% 90.0% 82.0% $104,350 May Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 163 2014 2015 103 140 33 93 3 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Mankato Hilltop Blue Earth County, MN 2014 New Listings 44 Closed Sales 28 Average Sales Price $209,101 Avg. Percent of Original List Price Received at Sale* 95.0% Average Days on Market Until Sale 135 Total Current Inventory** 114 Single-Family Detached Inventory 92 2015 Change 2014 2015 Change 42 40 $195,286 96.0% 98 89 72 -4.5% 42.9% -6.6% 1.1% -27.4% -21.9% -21.7% 177 85 $189,544 95.0% 132 - 194 121 $188,549 96.0% 122 - 9.6% 42.4% -0.5% 1.1% -7.6% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month 44 New Listings Year to Date **City inventory figures were first tracked in June 2007 Activity-Year to Date 42 40 Closed Sales New Listings Closed Sales 177 28 194 121 85 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price 96.0% $209,101 2014 2015 $195,286 $189,544 $188,549 May Year to Date Average Days on Market Until Sale 135 132 98 2014 2015 122 96.0% 2014 2015 95.0% 95.0% May Year to Date Current Inventory 72 17 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota Mankato-James/SouthView/Viking Terrace/Kensington May Year to Date Blue Earth County, MN 2014 2015 Change 2014 New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 1 3 $295,666 94.0% 204 6 5 4 2 $255,000 101.0% 39 11 9 300.0% -33.3% -13.8% 7.4% -80.9% 83.3% 80.0% 5 6 $309,003 94.0% 180 - *Does not account for list prices from any previous listing contracts or seller concessions 17 5 $204,600 98.0% 85 - 240.0% -16.7% -33.8% 4.3% -52.8% - Activity-Year to Date New Listings 4 Closed Sales Change **City inventory figures were first tracked in June 2007 Activity-Most Recent Month New Listings 2015 Closed Sales 17 3 2 6 5 1 2014 2015 2014 Average Sales Price $295,666 $255,000 5 2015 Ratio of Sales Price to Original List Price 101.0% $309,003 2014 2015 2014 2015 98.0% $204,600 94.0% May Year to Date Average Days on Market Until Sale 204 2014 2015 180 94.0% May Year to Date Current Inventory 9 85 2 39 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Mankato and North Mankato Year to Date Blue Earth/Nicollet County, MN 2014 2015 Change 2014 2015 Change New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 116 67 $211,041 93.0% 141 283 249 113 85 $200,772 96.0% 124 274 212 -2.6% 26.9% -4.9% 3.2% -12.1% -3.2% -14.9% 424 217 $181,541 94.0% 140 516 258 $183,683 95.0% 132 - 21.7% 18.9% 1.2% 1.1% -5.7% - *Does not account for list prices from any previous listing contracts or seller concessions **City inventory figures were first tracked in June 2007 Activity-Most Recent Month New Listings 116 Activity-Year to Date 113 Closed Sales New Listings Closed Sales 424 516 85 67 258 217 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price $211,041 96.0% $200,772 95.0% 2014 2015 $181,541 $183,683 May Year to Date Average Days on Market Until Sale 141 2014 2015 93.0% May 94.0% Year to Date Current Inventory 140 2014 2015 212 132 124 62 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Mapleton/Amboy/Minnesota Lake/Good Thunder Year to Date Blue Earth County, MN 2014 2015 Change 2014 2015 Change New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 15 3 $63,333 71.0% 276 50 50 13 3 $128,000 93.0% 249 45 45 -13.3% 0.0% 102.1% 31.0% -9.8% -10.0% -10.0% 50 25 $70,872 76.0% 168 - 45 20 $136,809 89.0% 178 - -10.0% -20.0% 93.0% 17.1% 6.0% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month Activity-Year to Date New Listings New Listings Closed Sales 50 Closed Sales 15 **City inventory figures were first tracked in June 2007 45 13 25 3 20 3 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price 93.0% $136,809 $128,000 89.0% 76.0% 71.0% 2014 2015 $63,333 May 2014 2015 $70,872 Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 276 249 2014 2015 45 168 178 0 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May New Ulm/Hanska/Lafayette/Courtland Brown County, MN 2014 New Listings 34 Closed Sales 28 Average Sales Price $128,985 Avg. Percent of Original List Price Received at Sale* 93.0% Average Days on Market Until Sale 113 Total Current Inventory** 89 Single-Family Detached Inventory 87 Year to Date 2015 Change 2014 2015 Change 25 23 $143,693 95.0% 101 63 61 -26.5% -17.9% 11.4% 2.2% -10.6% -29.2% -29.9% 119 72 $122,646 92.0% 136 - 125 75 $144,584 91.0% 148 - 5.0% 4.2% 17.9% -1.1% 8.8% - *Does not account for list prices from any previous listing contracts or seller concessions **City inventory figures were first tracked in June 2007 Activity-Most Recent Month Activity-Year to Date New Listings 34 28 23 75 72 2014 2015 Average Sales Price 2015 Ratio of Sales Price to Original List Price $144,584 $143,693 95.0% 2014 2015 93.0% 2014 2015 92.0% $122,646 May Year to Date Average Days on Market Until Sale 2014 2015 113 125 Closed Sales 25 2014 $128,985 New Listings 119 Closed Sales 136 91.0% May Year to Date Current Inventory 148 61 101 2 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Nicollet/Judson Multiple Counties, MN 2014 New Listings 6 Closed Sales 1 Average Sales Price $125,000 Avg. Percent of Original List Price Received at Sale* 89.0% Average Days on Market Until Sale 81 Total Current Inventory** 10 Single-Family Detached Inventory 8 2015 Change 2014 2015 Change 1 1 $195,900 85.0% 173 6 6 -83.3% 0.0% 56.7% -4.5% 113.6% -40.0% -25.0% 10 2 $107,500 90.0% 141 - 7 5 $130,260 94.0% 137 - -30.0% 150.0% 21.2% 4.4% -2.8% - *Does not account for list prices from any previous listing contracts or seller concessions **City inventory figures were first tracked in June 2007 Activity-Most Recent Month 6 Late Sales recorded in MLS figured in Year to Date Totals Year to Date Activity-Year to Date New Listings 10 New Listings Closed Sales Closed Sales 7 5 1 1 2014 2 1 2015 2014 Average Sales Price $195,900 2015 Ratio of Sales Price to Original List Price 2014 2015 2014 2015 $125,000 $107,500 $130,260 89.0% 94.0% 90.0% 85.0% May Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 173 2014 2015 141 137 6 81 0 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Rural Mankato and North Mankato Year to Date Multiple Counties, MN 2014 2015 Change 2014 2015 Change New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 7 7 $351,892 90.0% 227 28 28 4 3 $380,666 91.0% 364 34 34 -42.9% -57.1% 8.2% 1.1% 60.4% 21.4% 21.4% 35 16 $234,950 90.0% 182 - 41 12 $323,916 91.0% 224 - 17.1% -25.0% 37.9% 1.1% 23.1% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month 7 7 **City inventory figures were first tracked in June 2007 Activity-Year to Date New Listings New Listings Closed Sales Closed Sales 35 41 4 3 2014 2015 12 2014 Average Sales Price $351,892 16 2015 Ratio of Sales Price to Original List Price $380,666 91.0% $323,916 2014 2015 91.0% 2014 2015 $234,950 90.0% May Year to Date Average Days on Market Until Sale 364 90.0% May Year to Date Current Inventory 2014 2015 34 227 224 182 0 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Sleepy Eye/Comfrey Year to Date Brown County, MN 2014 2015 Change 2014 2015 Change New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 12 2 $89,300 81.0% 736 35 33 1 3 $86,333 91.0% 164 29 27 -91.7% 50.0% -3.3% 12.3% -77.7% -17.1% -18.2% 27 8 $73,137 71.0% 299 - 21 18 $80,916 87.0% 152 - -22.2% 125.0% 10.6% 22.5% -49.2% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month Activity-Year to Date New Listings 27 New Listings 12 **City inventory figures were first tracked in June 2007 Closed Sales Closed Sales 21 18 8 3 2 1 2014 2015 2014 Average Sales Price 2015 Ratio of Sales Price to Original List Price 91.0% $89,300 $86,333 $73,137 $80,916 71.0% 2014 2015 May 87.0% 81.0% 2014 2015 Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 736 2014 2015 27 299 164 152 2 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May St. Clair/Waldorf/Pemberton/Janesville Late Sales recorded in MLS figured in Year to Date Totals Year to Date Multiple Counties, MN 2014 2015 Change 2014 2015 Change New Listings Closed Sales Average Sales Price Avg. Percent of Original List Price Received at Sale* Average Days on Market Until Sale Total Current Inventory** Single-Family Detached Inventory 14 8 $95,925 90.0% 198 41 41 15 9 $128,188 94.0% 162 32 30 7.1% 12.5% 33.6% 4.4% -18.2% -22.0% -26.8% 54 25 $101,440 91.0% 158 - 50 29 $121,420 91.0% 147 - -7.4% 16.0% 19.7% 0.0% -7.0% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month Activity-Year to Date 54 New Listings 9 2014 29 25 2015 2014 Average Sales Price $95,925 50 Closed Sales 8 $128,188 New Listings 15 Closed Sales 14 **City inventory figures were first tracked in June 2007 2015 Ratio of Sales Price to Original List Price 2014 2015 $121,420 94.0% $101,440 2014 2015 91.0% 91.0% 90.0% May Year to Date Average Days on Market Until Sale 198 162 2014 2015 158 147 May Year to Date Current Inventory 30 2 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May St. Peter/Kasota/Cleveland Multiple Counties, MN 2014 New Listings 30 Closed Sales 13 Average Sales Price $218,772 Avg. Percent of Original List Price Received at Sale* 100.0% Average Days on Market Until Sale 130 Total Current Inventory** 110 Single-Family Detached Inventory 100 2015 Change 2014 2015 Change 35 14 $202,842 95.0% 102 93 82 16.7% 7.7% -7.3% -5.0% -21.5% -15.5% -18.0% 117 57 $183,743 92.0% 152 - 114 55 $177,479 92.0% 171 - -2.6% -3.5% -3.4% 0.0% 12.5% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month New Listings Closed Sales 30 **City inventory figures were first tracked in June 2007 Activity-Year to Date 35 117 New Listings 114 Closed Sales 57 14 13 2014 2015 55 2014 Average Sales Price $218,772 Year to Date 2015 Ratio of Sales Price to Original List Price 100.0% $202,842 $183,743 $177,479 2014 2015 95.0% 2014 2015 92.0% May Year to Date Average Days on Market Until Sale May 92.0% Year to Date Current Inventory 171 152 2014 2015 130 82 102 9 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May Upper North Mankato Nicollet County, MN 2014 New Listings 28 Closed Sales 11 Average Sales Price $242,813 Avg. Percent of Original List Price Received at Sale* 97.0% Average Days on Market Until Sale 141 Total Current Inventory** 53 Single-Family Detached Inventory 39 2015 Change 2014 2015 Change 26 18 $264,597 97.0% 166 49 34 -7.1% 63.6% 9.0% 0.0% 17.7% -7.5% -12.8% 83 34 $225,009 97.0% 132 - 101 48 $277,057 96.0% 140 - 21.7% 41.2% 23.1% -1.0% 6.1% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month 28 Year to Date **City inventory figures were first tracked in June 2007 Activity-Year to Date New Listings Closed Sales 26 New Listings 83 Closed Sales 18 48 11 34 2014 2014 2015 Average Sales Price $242,813 101 2015 Ratio of Sales Price to Original List Price $277,057 $264,597 2014 2015 97.0% 97.0% 97.0% 2014 2015 $225,009 96.0% May Year to Date Average Days on Market Until Sale May Year to Date Current Inventory 166 2014 2015 141 132 140 49 15 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service. Local Market Updates A free research tool from the REALTOR® Association of Southern Minnesota May West Mankato/Skyline Blue Earth County, MN 2014 New Listings 10 Closed Sales 4 Average Sales Price $145,070 Avg. Percent of Original List Price Received at Sale* 99.0% Average Days on Market Until Sale 87 Total Current Inventory** 18 Single-Family Detached Inventory 18 2015 Change 2014 2015 Change 6 7 $146,771 94.0% 137 35 11 -40.0% 75.0% 1.2% -5.1% 57.5% 94.4% -38.9% 31 15 $138,692 96.0% 154 - 53 18 $134,719 95.0% 131 - 71.0% 20.0% -2.9% -1.0% -14.9% - *Does not account for list prices from any previous listing contracts or seller concessions Activity-Most Recent Month Year to Date **City inventory figures were first tracked in June 2007 Activity-Year to Date New Listings 10 New Listings Closed Sales Closed Sales 7 6 31 4 18 15 2014 2015 2014 Average Sales Price $145,070 $146,771 2015 Ratio of Sales Price to Original List Price 99.0% 2014 2015 2014 2015 $138,692 96.0% 95.0% $134,719 May Year to Date Average Days on Market Until Sale 137 53 2014 2015 94.0% May Year to Date Current Inventory 154 131 24 87 11 May Year to Date 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 small sample size involved. All data from the REALTOR® Association of Southern Minnesota Multiple Listing Service.
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