I track the commercial sales here regularly since I went on my own. I feel that I need to know every sale that transpires in the area and with that, I have a tracking board in front of my computer that shows every commercial building and land sale in the Alexandria, MN. area.

Some of the sales that are recorded are not “arms length”. An effort is made to only record the ones that are relatively close or are at “arms length”. If one requested, I personally could go over every commercial sale that has transpired through August 31st. But with that, I would like to show you, at least, what I have recorded so far too date (1.1.11 to 8.31.11):

Commercial Land Sales in Alexandria, MN:
2007: 12 Sales
2008: 18 Sales
2009: 4 Sales
2010: 5 Sales
2011: 4 Sales (incomplete year)

Commercial Building Sales in Alexandria, MN:
2008: 15 Sales
2009: 9 Sales
2010: 11 Sales
2011: 13 Sales (incomplete year)

So as you can see, the market activity in 2011 for commercial sales has picked up considerably…it may have to do with pricing? As you look through these sales and what they had sold for/appraised for/offered for; is different than what they may have sold for in 2010/2011.

Source: Alexandria City