2010-04-28 Board of Equalization Meeting Handout

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hi stori ca l M EDIAN SALES PRICE BY AREA includes single family detached homes, condominiums, townhomes and twin homes 12 Minneapolis Area Association of REAL'rORS� % Change is i�l!IIIIIIIIIIIIII Code Area 004 2005 2006 2007 2008 2009 from 2008 from 2004 300 Mpis - Calhoun -Isles $262,500 $260,000 $263,500 $256,000 $240,900 $230,000 -4.5% - 124 % 301 Mpls - Camden $157,900 $163,800 $163,000 $129,459 $60,000 $51,900 -13.5% -67.1% 302 Mpis - Central $256,500 $249,000 $270,050 $278,850 $275,945 $246,750 -10.6% -3.8% 303 Mpis - Longfellow $200,000 $212,200 $208,000 $210,500 $188,500 $171,500 -9,0% -14.3% 304 Mpis - Nokomis $210,000 $223,496 $225,000 $224,200 $208,000 $189,906 -8,7% -9.6% 305 Mpis - North $149,900 $159,900 $150,000 $91,000 $44,313 $38,500 -13.1% -74.3% 306 Mpls - Northeast $195,650 $206,125 $210,000 $197,388 $167,500 $151,000 -9.9% -22.8% 307 Mpls - Phillips $169,500 $176,590 $189,600 $165,478 $87,550 $89,050 + 1.7% -47.5% 308 Mpls - Powderhorn $184,500 $192,000 $184,000 $170,000 $119,900 $110,000 -8.3% -40.4% 309 Mpis - Southwest $268,500 $285,006 $287,006 $309,060 $275,000 $260,000 •5.5% -3.2% 310 Mpis - University $235,000 $242,000 $240,000 $242,500 $203,000 $195.000 '. -3,9% -17.0% 340 Buffalo $203,000 $200,250 $214,950 $195,000 $172,500 $145,000 15.9% - 28.6% 341 Wright County (except Buffalo) $197,700 $218,864 $218,650 $210,000 $180,000 $156,000 -13.3% -21.1% 342 Hutchinson $143,000 $160,000 $161,000 $162,050 $149,000 $124,950 -16.1% -12.6% 343 • McLeod County $142,800 $158,050 $154,200 $142,931 $124,900 $99,000 -20.7% - 30.7 % 360 Robbinsdale $190,000 $196,950 $201000 $203,000 $160,025 $148,750 -7.0% • 21.7% 361 Crystal $186,700 $197,900 $198,000 $193,650 $161,000 $142,000 - -11.8% -23,9% 362: New dope ? $215,450 $225,000 $227,300 $220,000 $186,000 $158,000 -15.1% - 26.7% 363 Brooklyn Center $183,500 $195,000 $192,675 $174,300 $115,500 $90,000 -22.1% - 51.0% 364 Brooklyn Park $215,900 $229,900 $230,000 $220,000 $174,600 $135,000 -22.7% 37.5% 365 Maple Grove /Osseo $224,900 $243,200 $247,000 $253,750 $247,900 $219,348 -11.5% -2.5% 366 Champlin $217,000 $227,000 $234,000 $218,111 $199,900 $162,000 • 19.0% -25.3% 367 Hennepin -North $252,000 $285,000 $291,000 $283,800 $249,900 $224,950 -10.0% -10,7% 368 Hennepin - Northwest $360,000 $400,000 $377,000 $369,000 $310,000 $255,000 -17.7% 291% 370 Sibley County $135,000 $145,300 $141,100 $132,750 $110,000 $88,888 -19.2% 34.2% 373 Golden Valley $249,450 $262,000 $267,900 $272,400 $257,450 $220,000 -14.5% -11,8% 374 Plymouth $274,950 $290,000 $293,500 $294,000 $279,000 $253,500 -9.1% - 7.8% 378 Richfield $211,250 $221,000 $223,000 $217,500 $185,500 $165,000 11.1% 21.9% 379 Bloomington -East $205,000 $221,650 $225,000 $210,250 $180,000 $157,625 -12.4% -23.1% 380 Bloomington -West $234.900 $249,900 $247,00 $245,000 $226,000 $210,000 •7.1% -10.6% 381 Lake Minnetonka $400,000 $427,500 $475,000 $400,863 $385,000 $339,500 -11.8% -15.1% 385 Edina $322,700 $357,000 $389,500 $378,000 $387,500 $324,950 -16.1% + 0.7% 386 Hopkins $178,450 $190,950 $205,900 $205,000 $170,000 $164,900 -3.0% -7.6% 387 Minnetonka $281,400 $292,000 $270,000 $285,000 $263,500 $242,000 _82% -14.0% 391 Saint Louis Park $215,300 $230,000 $233,000 $233,500 $226,950 $212,500 -6,41% - 13% 392 Eden Prairie $282,796 $294,900 $288,780 $315,250 $280,000 $251,750 -10.1% -11.0% 394 Carver County $221,000 $235,000 $244,250 $232,000 $218,000 $186,000 -14.7% - 15.8% 396 Chanhassen $288,000 $290,000 $295,000 $317,143 $295,000 $280,000 -5.1% - 2.8% 397 Chaska $234,950 $240,250 $233,150 $246,000 $230,500 $178,500 -22.6% -24.0% 398 Victoria $345,000 $388,700 $475,000 $407,500 $401,000 $326,950 -18.5% -5.2% 600 West St. Paul $190,000 $203,000 $203,175 $189,000 $163,000 $134,900 - 172% -29.0% 602 South St. Paul $180,000 $196,900 $1971000 $182,000 $159,000 $132,000 ; -17.0% -26.7% 604. Mendota /Lilydale /Mendota Heights $319,000 $333,000 $371,000 $382,500 $294,000 $260,000 11.6% -18.57. 605 Sunfish Lake $780,000 $650,000 $696,500 $1,110,000 $1,051,250 $830,000 -21.0% + 6.4% 608 Inver Grove Heights $209,500 $221,000 $205,900 $209,900 $190,000 $165,751 -12.8% -20.9% 610 Eagan $224,000 $232,500 $237,900 $242,000 $215,000 $183,600 - 14.9% •1B.3% 612 Burnsville $221,700 $237.000 $232,900 $225,000 $201,647 $175,000 -13.2% -21.1% 614 Apple Valley $209,000 $224,665 $226,500 $224,900 $205,000 $171,000 -16.6% -18.2% 616 Rosemount $227,900 $238,400 $248,900 $244,900 $216,900 $194,000 -10.6% -14.9% 617 Hastings $203,000 $200,620 $201,325 $196,000 $175,000 $150,000 -14.3% -26.1% 618 Eastern Dakota County $259,900 $300,000 $248,300 $250,000 $288,500 $240,000 -16.8% -7.7% 624 Farmington $221,000 $230,000 $232,250 $224,000 $195,730 $175,000 -10.6% -20.8% 626 Lakeville $267,250 $279,000 $279,700 $262,000 $250,000 $224,188 -10.3% -16.1% 628 Southern Dakota County $249,900 $254,500 $237,300 $238,000 $256,500 $169,700 -33.8% -32.1% 630 Northfield $220,000 $230,000 $220,850 $215,075 $189,000 $171,425 -9.3% -22.1% 632 Rice County $171,000 $194,350 $169,000 $172,250 $146,500 $140,000 -5.7% - 18.1% 640 Shakopee $206,500 $217,000 $218,900 $220,050 $199,875 $175,000 -12.4% -15.3% 642 Prior Lake $272,750 $298,597 $279,450 $277,000 $264,400 $240,000 -9.2% -12.0% 644 Savage $257,906 $264,900 $267,500 $257,000 $241,000 $212,000 -12.0% 17.8% 646 .Jordan $223,900 $255,000 $250,650 $250,000 $219,950 $202,000 -8.2% -9,8% 648 New Prague $225,000 $253,000 $250,000 $228,500 $210,000 $198,000 5.7% -12.0% 650 Belle Plaine $210,000 $217,000 $213,700 $207,900 $175,250 $150,500 -14.1% - 28.3% 658 Le Sueur /Rice $146,000 $165,000 $164,450 $160,500 $150,000 $110,000 -26.7% - 24.7 % 12 Minneapolis Area Association of REAL'rORS�