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.