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FOR-SALE MARKET ANALYSIS TABLE FS-9 SUBDIVISION&LOT INVENTORY-DETACHED HOUSING UNITS CITY OF ELK RIVER 2ND QUARTER 2015 TMA Subdivision Name Initial Status Product Type Lot Range Pricing($1,000) Annual Annual Currently Vacant Developed Future Total Active Qtr. (Ft.) Min Max Starts Closings Occupied Lot Inventory(VDL) Units(Fut) Units(Tot) Detached Housing Subdivisions Elk River Detached Aspen Hills in Elk River 1Q03 Active 1Q03 Single Family 115' $225 $360 3 3 64 13 0 78 Elk River Detached Belmont Estates in Elk River 2Q05 Active 2Q05 Single Family 100' $256 $340 0 1 31 1 0 32 Elk River Detached Birchview 1Q08 Active 1Q08 Single Family 170' $220 $250 0 0 2 3 0 5 Elk River Detached Eagles Marsh 4Q06 Active 4Q06 Single Family 90' $163 $393 2 1 16 0 0 17 Elk River Detached Elk River Rapids 1Q06 Active 1Q06 Single Family 100' $412 $586 0 0 7 4 0 11 Elk River Detached Hillside Estates in Elk River 1Q97 Active 1Q97 Single Family 85' $200 $365 2 5 151 4 0 156 Elk River Detached Hillside,The Woods at 2Q00 Active 2Q00 Single Family 115' $212 $373 4 5 51 10 0 62 Elk River Detached Kingdom Estates 1Q06 Active 1Q06 Single Family 180'-275' $400 $800 0 2 16 6 0 22 Elk River Detached Kliever Lake Fields East/(DTH) 2Q13 Active 2Q13 Single Family 60' $186 $225 23 16 16 14 0 43 Elk River Detached Kliever Lake Fields,Farms 1Q02 Active 1Q02 Single Family 90' $180 $225 2 2 88 3 0 92 Elk River Detached Meadows of Elk River 4Q06 Active 4Q06 Single Family 255' $458 $485 0 0 4 2 0 6 Elk River Detached Mississippi Oaks 1Q97 Active 1Q97 Single Family 85' $200 $425 0 4 125 19 0 144 Elk River Detached Nordic Hills 1Q03 Active 1Q03 Single Family 105' $250 $400 1 0 48 1 0 50 Elk River Detached Park Pointe 3Q02 Active 3Q02 Single Family 85' $183 $290 0 0 93 2 0 95 Elk River Detached River Park/ 2Q06 Active 2Q06 Single Family 75' $225 $400 6 3 26 7 282 318 Elk River Detached Twin Lakes/(DTH) 2Q05 Active 2Q05 Single Family 40' $180 $220 0 0 31 1 0 32 Elk River Detached Twin Lakes/Estates 4Q04 Active 4Q04 Single Family 80' $160 $255 1 0 122 23 0 146 Elk River Detached West Oaks of Elk River/ 4Q04 Active 4Q04 Single Family 80' $180 $240 0 0 15 5 0 20 Elk River Detached West Oaks of Elk River/(DTH) 4Q14 Active 4Q14 Single Family 35' $180 $215 3 0 0 41 0 44 Elk River Detached Windsor Meadows 3Q05 Active 3Q05 Single Family 110' $299 $500 5 4 18 13 0 33 Elk River Detached Windsor Oaks of Elk River 4Q04 Active 4Q04 Single Family 100' $260 $350 0 1 28 4 0 32 Elk River Detached Windsor Park 2Q00 Active 2Q00 Single Family 75' $253 $348 0 0 118 3 0 121 Elk River Detached Woodland Hills 4Q04 Active 4Q04 Single Family 85'-200' $271 $600 10 5 24 9 87 127 Subtotal 62 52 1,094 188 369 1,686 Elk River Detached Cranberry Ridge 0 Future Single Family 0' 0 0 0 0 16 16 Subtotal 0 0 0 0 16 16 Source: Metrostudy,Maxfield Research&Consulting,LLC MAXFIELD RESEARCH&CONSULTING,LLC 74