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2017 Annual Housing Market Report-Twin Cities Metro e3li <br /> New Construction Review MINNEAPOLIS AREA Association <br /> Rankings include geographies with 15 sales or more.Counties,townships and Minneapolis neighborhoods are not included. f REALTORS" <br /> Top Areas:New Construction Market Share in 2017 <br /> Mar ' 17 268 16-County Twin Cities Region 7.7% <br /> Dayton 67.5% <br /> Lake Elmo 56.3% <br /> Peak of Drop in New Construction New Germany 41.2% <br /> New Construction Inventory Inventory from Peak Wayzata 35.9✓° <br /> Cologne 34.0% <br /> Minnetrista 30.5% <br /> New Construction Homes for Sale Isanti 29.1% <br /> Corcoran' 27.5% <br /> Victoria 27.1% <br /> 2,500 ... ..... ..... ..... ..... ..... <br /> Otsego 26.0% <br /> Mayer 25.0% <br /> Delano 24.9% <br /> 2,300 <br /> Lino Lakes 24.0% <br /> Oak Grove 23.7% <br /> 2,100 Bayport 22.8% <br /> Chisago 22.1% <br /> Somerset 21.8% <br /> Zimmerman 21.3% <br /> 1,900 ,.. <br /> Saint Michael 21.1% <br /> Lakeville 20.7% <br /> Medina 20.6% <br /> 1,700 <br /> Saint Francis 19.8% <br /> North Oaks 19.6% <br /> 1,500 Rogers 19.0% <br /> 1-2013 1-2014 1-2015 1-2016 1-2017 Carver 18.7% <br /> 5.1 1 .0 100.2% 98.1 % <br /> Year-End Months Supply Year-End Months Supply Pct.of Orig. Price Received Pct.of Orig. Price Received <br /> New Construction Previously Owned New Construction Previously Owned <br /> Months Supply of Inventory Percent of Original List Price Received <br /> This chart uses a rolling 12-month average for each data point. <br /> 2013 ®2014 ':2015 02016 R112017 <br /> New Construction Previously Owned <br /> 102 <br /> 6.8 <br /> 6.4 <br /> 100% <br /> 5.4 5.6 <br /> 5.1 <br /> 2.8 3.0 <br /> 2.1 <br /> 1.6 <br /> 1.0 <br /> New Construction Previously Owned 1-2013 1-2014 1-2015 1-2016 1-2017 <br /> 30 Current as of January 9,2018.All data from NorthstarMLS.Report©2018 ShowingTime. 7 <br />