Local Market Update January 2012

A RESEARCH TOOL PROVIDED BY THE MINNEAPOLIS AREA ASSOCIATION OF REALTORS

+ 16.7%

- 37.5%
Change in Closed Sales

+ 34.5%
Change in Median Sales Price

Linden Hills
New Listings Closed Sales Median Sales Price* Average Sales Price* Price Per Square Foot* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory

Change in New Listings

January
2011
12 8 $232,000 $296,313 $162 84.7% 187 49 4.7

Year to Date
+/
+ 16.7% - 37.5% + 34.5% + 41.0% + 33.4% + 9.7% - 50.3% - 4.1% - 13.1%

2012
14 5 $312,000 $417,880 $216 92.8% 93 47 4.1

2011
12 8 $232,000 $296,313 $162 84.7% 187 ---

2012
14 5 $312,000 $417,880 $216 92.8% 93 ---

+/
+ 16.7% - 37.5% + 34.5% + 41.0% + 33.4% + 9.7% - 50.3% ---

* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

January
14 12 8

2011

2012

Year to Date
14 12 8

2011

2012

+ 16.7% New Listings

- 37.5% Closed Sales

+ 16.7% New Listings

- 37.5% Closed Sales

Twin Cities Region Linden Hills b a

Change in Median Sales Price from Prior Year (6-Month Average)**

+ 50% + 40% + 30% + 20% + 10% 0% - 10% - 20% - 30% - 40% 1-2008

7-2008

1-2009

7-2009

1-2010

7-2010

1-2011

7-2011

1-2012

** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period | Current as of February 8 2012 All data from Regional Multiple Listing Service Inc | Powered by 10K Research and Marketing | Sponsored by Royal Credit Union www rcu org period. 8, 2012. Service, Inc. Marketing. www.rcu.org