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FOR-SALE HOUSING ANALYSIS <br /> TABLE FS-11 <br /> VACANT LOT FOR PARCELS PLATTED <br /> SHERBURNE COUNTY <br /> 2000 to Present <br /> City/Township 2012 2015 <br /> Elk River 253 117 <br /> Baldwin Township 248 193 <br /> Becker 69 37 <br /> Becker Township 221 130 <br /> Big Lake 118 43 <br /> Big Lake Township 70 43 <br /> Blue Hill Township 152 142 <br /> Clear Lake 40 25 <br /> Clear Lake Township 36 29 <br /> Haven Township 7 6 <br /> Livonia Township 244 162 <br /> Orrock Township 244 178 <br /> St. Cloud 26 12 <br /> Palmer Township 12 13 <br /> Princeton 10 11 <br /> Santiago Township 12 4 <br /> Zimmerman 94 53 <br /> Subtotal 1,856 1,198 <br /> Source: Sherburne County, Maxfield Research & Consulting, LLC <br /> • Only 5%of the available lots are within thee subdivisions that have townhome lots platted. <br /> Consequently, nearly all the demand for new construction today is for single-family lots as <br /> townhome product suffered more so during the recession and has not recovered to the <br /> same degree as single-family product. <br /> • Although the current single-family vacant lot is waning as few new subdivisions have been <br /> platted since the recession; there are enough lots in the short-term to meet lot demand. In <br /> addition, there are 369 lots classified as future lots that will likely make the transition from <br /> future lots to finished lots to meet forthcoming demand. <br /> • The median lot size for new single-family construction is about 0.40 acres for single-family <br /> product type and 0.10 acres for attached housing products. Although there are few <br /> attached lots identified in Table FS-10; they are actively marketing twinhomes and detached <br /> townhomes in the West Oaks subdivision. Kliever Lake Fields is also actively marketing <br /> detached townhomes. <br /> MAXFIELD RESEARCH&CONSULTING,LLC 76 <br />