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<br />- <br /> <br />Page 1 of 1 <br /> <br />INFORMATION <br /> <br />Mcpherson, Michele <br /> <br />From: Julia Parenteau [julia@northmetro.com] <br />Sent: Thursday, August 11,200511 :16 AM <br />To: Mcpherson, Michele <br />Subject: July 2005 Home Sales Statistics <br />Attachments: July 2005 - 13 County.xls; July 2005 - Sherburne.xls <br /> <br />Dear Ms. McPherson, <br /> <br />Attached please find the most recent home sales statistics for Sherburne County and the 13-County metro area. <br /> <br />Twin Cities' suburbs took the lead in closed home sales last month. While the entire 13-County metro area <br />showed a decrease in sales, down 4% from July 2004, the suburban counties showed moderate increases. <br />Sherburne County recorded 206 closed sales during July 2005, a 9.6% increase over last year. Anoka County <br />did not see a similar jump, but did nearly maintain the record level of closed sales seen in July 2004. Closed <br />sales in the county decreased 1.4% to 631. <br /> <br />"Many people are finding the suburbs more affordable than the metropolitan areas," said Pam Westlund, <br />President of the North Metro REAL TORS@ Association. "Consumers want to spend less, and they are finding <br />they can get more for their money in the outer ring of the Twin Cities." <br /> <br />Median sale prices throughout the Twin Cities continued to increase, with the 13-County metro area median price <br />reaching $233,300 - a 6.3% increase from last year. Median sale prices in the North Metro also increased, up <br />4.7% in Anoka County to $225,000, and up 11.4% in Sherburne County to $219,400. <br /> <br />Housing statistics include existing single-family homes, condominiums, and town homes. Statistics are provided <br />by the North Metro REAL TORS@ Association and are based on closed existing home sales as reported by the <br />Regional Multiple Listing Service. <br /> <br />Please contact me if you have questions or would like more information on home sales statistics in the real estate <br />industry. <br /> <br />Sincerely, <br /> <br />Julia Parenteau <br />Director of Public Policy <br />North Metro REAL TORS@ Association <br />763-757-7230 (office) <br />763-442-0925 (cell) <br />jU!@@OQtlbme.trO.Qom <br /> <br />8/11/2005 <br />