Vacancies & The Housing Recovery Couple of things from this report: `The homeownership rate increased from around 64 percent in the middle of the 1990′s to more than 69 percent in the middle of the 2000′s. This increase in the homeownership rate represented an increase of more than 11 million owner-oocupied housing units across the ... [Continue Reading]
In reading the Alexandria, MN Echo Press for Friday, I thought that I should report this to my blog for future posterity… “Just how unusual has the weather been this winter? In addition to the lack of snow, consider this: -Temperatures hit 50 degrees twice this month…55 on January 5 and 50 on January 10. ... [Continue Reading]
Some more statistical info equated to the listing data, it looks like this. Again, in Douglas County, for all categories (land, res, comm, etc.) for the repective years, 2011: 1670 new listings..$189,569 Avg.List$..218 DaysOnMkt…$293,744,071 New List Volume 2010: 1652…$193,907…186…$337,494,926 2009: 1602…$179,510…182…$325,271,740 2008: 2034…$202,147…164…$402,218,636 2007: 1862…$205,201…149…$395,666,458 2006: 1587…$184,346…169…$330,807,456 2005: 1378…$189,307…164…$296,703,371 2004: 1378…$173,378…168…$268,559,019 2003: 1412…$162,916…159…$252,373,473 2002: 1272…$140,431…159…$204,731,126 ... [Continue Reading]
In carrying the research a little further, these numbers are a little more interesting: If we add in the dollar volume to the closed number of sales, in Douglas County, all categories, it looks like this: 2011: 503 Closed Sales…$88,384,835 Total Sold Volume…$175,715 Average Sold Price 2010: 515″…$94,196,858″…$182,906″ 2009: 461″…$77,295,872″…$167,670″ 2008: 536″…$102,316,538″…$190,889″ 2007: 667″…$130,264,095″…$195,298″ 2006: ... [Continue Reading]
In researching closed sales activity for Alexandria, MN MLS (Greater Alexandria Area Association of Realtors Multiple Listing Service), I wanted to know how many sales closed in this service in Douglas County for 2011. Then to draw a baseline, I needed to konw how that compared to other years. Here’s what I found: Sales closed ... [Continue Reading]
In reviewing the data in the MLS for the Alexandria, MN area; it appears that 2011 is a bit of a bottom. The market is trying to shine through, but sputtering as it goes. It seems like 2009 is a distant memory, yet looking at some of the numbers from that year, it appears that ... [Continue Reading]
In reviewing the data for closed condos on the water, I find the following info for Douglas County. For market section, Condo/Townhomes, Closed in 2011, in Douglas County, on the water for 2011, there were 12 sales in that category. Last year there were 9 sales for the same parameters. There were only 3 sales ... [Continue Reading]
In reviewing the data for condo/townhome residential (non-lake) sales for 2011, we again have a little bit of an up-tick. Let’s see what 2012 brings. The following are the closed sales for the year, in Douglas County, non-lakeshore, condo/townhome section in rthe GAAAR MLS: 2011: 34 Closed Sales 2010: 30″ 2009: 24″ 2008: 27″ 2007: ... [Continue Reading]
It appears that lakelot sale for the Alexandria, MN area are wallowing at the bottom of a market. The market here in Alexandria, MN has not seen such a beating since it’s inception. Here’s what I found: CLOSED LAKELOT SALES IN DOUGLAS COUNTY FOR 2011 AS REPORTED IN THE GAAAR MLS 2011: 20 Closed 2010: ... [Continue Reading]
An excellent year in lakehome sales for the Alexandria, MN lakes area. The sales showed a strong 10%+ improvement over the last year. Look for lakehome sales to continue to rise as the demand appears to be there. We still have significant inventory and the prices have come down. Even with continued demand, the listings ... [Continue Reading]
