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Market Analysis for Downtown Redevelopment <br />LOC' Y <br />C Q N 5 U LT I N G City of Centerville Economic Development Authority <br />April 3, 2023 <br />3 2 Median Sale Price of Closed Single -Family Detached Transactions <br />$5007000 <br />W <br />`-' $400,000 <br />a <br />$300,000 <br />� $200.000 <br />2 <br />$100, 000 <br />$0 <br />2018 2019 2020 2021 2022 <br />■ City of Centerville 13Downtown Centerville PMA ■Twin Cities Metro Area <br />2018 2019 2020 2021 2022 <br />City of Centerville $263,250 $273,000 $300,950 $330,000 $365,000 <br />Downtown Centerville PMA $275,000 $289,900 $323,000 $360,000 $393,750 <br />Twin Cities Metro Area $286,000 $304,000 $330,000 $370,000 $395,000 <br />Source: Minneapolis Area Association of Realtors; LOCI Consulting LLC <br />3.3 Median Sale Price of Closed Attached Townhome and Condominium Transactions <br />$350,000 <br />.0 $300,000 <br />$250,000 <br />$200,000 <br />$150,000 <br />$100,000 <br />$50, 000 <br />2018 2019 2020 2021 2022 <br />■ City of Centerville a Downtown Centerville PMA 137,vin Cities Metro Area <br />2018 2019 2020 2021 2022 <br />City of Centerville $180,900 $187,000 $202,000 $227,000 $292,500 <br />Downtown Centerville PMA $195,000 $210,000 $224,000 $245,000 $284,500 <br />Twin Cities Metro Area $200,000 $201,700 $230,000 $252,000 $272,000 <br />Source: Minneapolis Area Association of Realtors; LOCI Consulting LLC <br />Page 39 <br />