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2013 Annual Report on the Twin Cities Housing Market ,
<br /> Historical Review MINNEAPOLIS AREA Association
<br /> of REALTORS`'
<br /> Year Number of Listings Total Dollar Volume Number of Average
<br /> Processed (in billions) Units Sold Sales Price
<br /> 1980 37,018 $1.34 18,351 $74,069
<br /> 1981 35,580 $1.25 15,675 $80,238
<br /> 1982 41,465 $1.00 12,193 $82,288 i
<br /> 1983 50,794 $1.35 15,914 $84,953
<br /> 1984 53,646 $1.55 18,231 $85,007
<br /> 1985 51,492 $1.87 21,335 $87,789 i
<br /> 1986 58,382 $2.52 28,015 $90,319 i
<br /> 1987 55,422 $2.46 25,772 $95,914
<br /> 1988 80,771 $3.21 34,244 $93,977
<br /> 1989 89,170 $3.28 33,962 $96,658
<br /> 1980 78,548 $3.37 34,496 $98,016
<br /> 1991 71,850 $3.52 35,598 $99,402
<br /> 1992 72,730 $4.31 41,944 $103,264
<br /> 1993 70,685 $4.30 39,842 $107,569
<br /> 1994 63,369 $4.73 42,454 $111,806 ° 1980-1996
<br /> 1995 64,556 $4.94 42,310 $117,053 All property types and
<br /> all MLS districts.
<br /> 1996 73,433 $5.82 46,949 $124,022
<br /> 1997 63,189 $5.68 41,441 $137,085
<br /> 1998 64,280 $7.09 47,836 $147,346 1997-PreSPalt
<br /> 1999 57,573 $7.62 46,675 $163,277 Single-family detached
<br /> homes,condominiums,
<br /> 2000 59,618 $8.76 48,208 $181,605 townhomes and twin homes
<br /> 2001 71,861 $10.22 50,298 $203,136 for the 13-county metro area.
<br /> 2002 73,940 $11.33 51,212 $221,275
<br /> 2003 88,132 $13.79 57,458 $240,005 '
<br /> 20 "reswt
<br /> Home sales were recalculated
<br /> 2004 100,042 $15.61 60,180 $259,278 in 2012 to account for all late
<br /> ; 2005 99,635 $16.60 60,065 $273,698 recorded activity,affecting
<br /> data back to 2003.
<br /> 2006 108,050 $13.92 49,424 $279,143
<br /> 2007 105,006 $11.41 41,034 $275,768
<br /> 2008 93,465 $9.44 39,598 $236,56-
<br /> 2009 82,977 $9.19 45,877 $199,377
<br /> I 2010 81,858 $8.16 38,288 $211,338
<br /> 2011 68,886 $8.10 41,606 $193,341
<br /> I 2012 65,910 $10.36 48,812 $210,727 l
<br /> l2013 72,128 $12.61 53,087 $236,219
<br /> More Data! Visit mpisrealtor.com to access up-to-date market reports
<br /> throughout the year.See residential real estate trends in sharp detail
<br /> by week, month, locality and even through a mobile-ready interactive
<br /> interface that allows for the creation of shareable charts.
<br /> Current as of January 10,2014 Sponsored by Royal Credit Union(www RCU org) All data from NorthstarMLS Powered by 10K Research and Marketing 26
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