4
kw Nobody Moves the Market Like kw Rochester l

Feb 2012 Rochester MN Market Report

Embed Size (px)

DESCRIPTION

Feb 2012 Rochester MN Market Report

Citation preview

Page 1: Feb 2012 Rochester MN Market Report

kw Nobody Moves the Market Like kw Rochester l

Page 2: Feb 2012 Rochester MN Market Report

35% 5.4% (12%) (2%) (7%)

3.1%

Flex MLS Data! Created by Calvin Mergen ([email protected]) Residential Stats (Information is deemed to be reliable, but is not guaranteed)

$174,504 $165,605

0-3

0k

30

k-4

0k

40

k-5

0k

50

k-6

0k

60

k-7

0k

70

k-8

0k

80

k-9

0k

90

k-1

00

k

10

0k-

12

0k

12

0k-

14

0k

14

0k-

16

0k

16

0k-

18

0k

18

0k-

20

0k

20

0k-

25

0k

25

0k-

30

0k

30

0k-

40

0k

40

0k-

50

0k

50

0k+

1

2 1

2

6 4

2

7 9

13

7 5

9

16

6 5

4 2

0-3

0k

30

k-4

0k

40

k-5

0k

50

k-6

0k

60

k-7

0k

70

k-8

0k

80

k-9

0k

90

k-1

00

k

10

0k-

12

0k

12

0k-

14

0k

14

0k-

16

0k

16

0k-

18

0k

18

0k-

20

0k

20

0k-

25

0k

25

0k-

30

0k

30

0k-

40

0k

40

0k-

50

0k

50

0k+

2 2 4

7 10

6 6 10

16

21 17 16

12

28

14 12

5 3

Residential

Residential

2011 2012

(60%) (78%) 33% 0% 400% (14%) 0% 233% 0% 50% 113% 100% (20%) 87% 133% 33% 25% (25%)

2011 Sales

5 9 3 7 2 7 6 3 16 14 8 8 15 15 6 9 4 4

2011 Sales

191

141

YTD Sold Homes Avg Sale Price

135 153

Avg Days on Market

96% 98%

List Price vs Sale Price

52% 60%

Sold Homes to Listed Homes

(67%) (67%) (67%) (60%) 0% 33% (33%) 600% 13% 44% 75% (29%) 0% 45% 20% (17%) 33% 0%

3 6 3 5 0 3 3 1 8 9 4 7 9 11 5 6 3 2

2011 Sales 2011 Sales

$72 $69

YTD Sold $ Per Sq/Ft

2011 2012

$19 $20 $26 $30 $43 $42 $47 $51

$60 $67 $70 $73

$81 $77 $75

$92 $94 $101

$81 $79

$76

$89

$74

2007 2008 2009 2010 2011

Last 5 years Sold $ Per Sq/Ft 10.2 10.4

8.5

5.2 4.9 6.3 6.1 6.7 7.3 7.0 6.6 7.2 6.9

Feb

-11

Mar

-11

Ap

r-1

1

May

-11

Jun

-11

Jul-

11

Au

g-1

1

Sep

-11

Oct

-11

No

v-1

1

Dec

-11

Jan

-12

Feb

-12

Months of Inventory Last 13 months 6+ Months = Buyers Market

(20%) 13% 9% (2%) 39% 4% (29%) (14%) 3% 3% (1%) 6% 16% (4%) (4%) (3%) 10% (4%)

$24 $18 $24 $30 $31 $40 $65 $60 $58 $65 $71 $69 $70 $80 $78 $96 $86 $106

2011 2011

901

1080 1143 1099 1052 1002 955 900 854 792 708 648 695

Feb

-11

Mar

-11

Ap

r-1

1

May

-11

Jun

-11

Jul-

11

Au

g-1

1

Sep

-11

Oct

-11

No

v-1

1

Dec

-11

Jan

-12

Feb

-12

Feb

-11

Mar

-11

Ap

r-1

1

May

-11

Jun

-11

Jul-

11

Au

g-1

1

Sep

-11

Oct

-11

No

v-1

1

Dec

-11

Jan

-12

Feb

-12

Last 13 Months Avg Active Price Change Pct Active Listings Sold Listings

Feb

-11

Mar

-11

Ap

r-1

1

May

-11

Jun

-11

Jul-

11

Au

g-1

1

Sep

-11

Oct

-11

No

v-1

1

Dec

-11

Jan

-12

Feb

-12

Avg Sold Days on Market Last 13 months

1,498 1,624 1,684 1,878 1,517 1,806 1,782 1,853 1,850 1,967 2,139 2,310 2,359 2,969 3,588 3,708 4,400 5,611

4 3 3 3 3 3 3 3 3 3 3 4 3 4 4 4 5 5 1 2 2 2 1 2 2 2 2 2 2 3 3 3 3 3 4 4

Sold Price Per Sq/Ft Analysis Avg # Of Beds Avg # Of Baths Avg Total Sq/Ft

Average $ Per Sq/Ft

88 104 135

213 216

158 156 134 117 113 107 90 101

Page 3: Feb 2012 Rochester MN Market Report

(22.9%)

0 1 1 3

10

16 14 12

28

38

18

7 9

17

5 7

1 0 0

41

154

225 199

223

305

163 179 152

132

286

216

166 204

294

34 0 0

50

100

150

200

250

300

350

0

5

10

15

20

25

30

35

40

0-3

0K

30

K-4

0K

40

K-5

0K

50

K-6

0K

60

K-7

0K

70

K-8

0K

80

K-9

0K

90

K-1

00

K

10

0K

-12

0K

12

0K

-14

0K

14

0K

-16

0K

16

0K

-18

0K

18

0K

-20

0K

20

0K

-25

0K

25

0K

-30

0K

30

0K

-40

0K

40

0K

-50

0K

50

0K

+

Active Listings Avg Days on Market

Condos

1 1 0 3 7 13 9

17

49 59

75 68

56

81

53 63

28 38

5 15 0

165 173 160

280

116 151

123 110 96 100 114 101

154 116

151

0

50

100

150

200

250

300

0

10

20

30

40

50

60

70

80

90

0-3

0K

30

K-4

0K

40

K-5

0K

50

K-6

0K

60

K-7

0K

70

K-8

0K

80

K-9

0K

90

K-1

00

K

10

0K

-12

0K

12

0K

-14

0K

14

0K

-16

0K

16

0K

-18

0K

18

0K

-20

0K

20

0K

-25

0K

25

0K

-30

0K

30

0K

-40

0K

40

0K

-50

0K

50

0K

+

Active Listings Avg Days on Market

Single Family

Townhomes

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

90

10

1

0

0

0

0

0

0

0

0

0

0

53

88

10

4 13

5

21

3

21

6

15

8

15

5

13

4

11

7

11

3

10

7

Sold Listing Per Month 2012

2011

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

13

7

22

8

0

0

0

0

0

0

0

0

0

0

15

1

22

8

36

0

25

3

19

5

16

9

15

9

18

3

16

5

14

2

11

3

75

New Listings on the Market Per Month 2012

2011

70% 15% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

(9%) 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

11

2 1

41

0

0

0

0

0

0

0

0

0

0

10

5

10

6

18

7

18

2

19

1

15

6

13

4 16

0

11

3

11

4

98

93

Pended Listing Per Month 2012

2011

7% 33% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

695 901

Active Homes

2011 2012

Page 4: Feb 2012 Rochester MN Market Report

Flex MLS Data! Created by Calvin Mergen ([email protected]) Residential Stats (Information is deemed to be reliable, but is not guaranteed)

160

113

0 0 0 0 0 0 0 0 0 0

150 155

0 0 0 0 0 0 0 0 0 0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Avg Days on Market Sold Units 2011 vs 2010 2012

2011

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

$1

74

,49

6

$1

74

,51

2

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$1

56

,26

7

$1

71

,22

9

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

Avg Sale Price 2011 vs 2010 2012

2011

KELLER WILLIAMS REALTY

(9%) (4%) 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

7% (27%) 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

19

60

19

61

19

62

19

63

19

64

19

65

19

66

19

67

19

68

19

69

19

70

19

71

19

72

19

73

19

74

19

75

19

76

19

77

19

78

19

79

19

80

19

81

19

82

19

83

19

84

19

85

19

86

19

87

19

88

19

89

19

90

19

91

19

92

19

93

19

94

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

3

1 2

1 1 0 0

3 2 2

3

0

4

2 1

2 1

3

1 2

0 0 0

4

1 2

6

2

5 5

1 2

3

1 2

1

3 3

5 5

7

13

6 7

5 4

3

5 5

0 1

12 Homes Sold based on year Built

1 Bed 2Bed 3Bed 4Bed 5Bed 6Bed

0

36

62

74

16

3

Sold Homes Per Beds in Home

1 Bath 2Bath 3Bath 4Bath

29

86

49

25

Sold Homes per Baths in Home