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New Listings Twin Cities Housing Market

108,022 97,737

105,044

99,211

93,560

86,378

- 10.9%

2003

2004

2005

2006

2007

2008


Pending Sales Twin Cities Housing Market

64,325 60,458

62,613

51,526 43,560

44,067

+ 1.2%

2003

2004

2005

2006

2007

2008


Closed Sales Twin Cities Housing Market

56,528

58,233

57,283 47,906 40,055

38,746

- 3.3%

2003

2004

2005

2006

2007

2008


Median Sales Price Twin Cities Housing Market

$228,900

$230,000

$215,900

$225,000

$199,900

$195,000

$185,000

2002

+ 8.1%

+ 8.0%

+ 6.0%

+ 0.5%

- 2.2%

- 13.3%

2003

2004

2005

2006

2007

2008


Median Sales Price by Property Type Twin Cities Housing Market $232,500

$223,000

$167,500

$145,000

- 4.1%

Traditional

- 13.4%

Lender-Mediated


MAAR 2008 Year End Statistics