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ANOKA COUNTY HOUSING STUDY FOR -SALE HOUSING <br />Table D-1 and Table D-2: Single -Family and Townhome Resale Values <br />• The total market activity in Anoka County has been fluctuating over the past decade. Among <br />the assessed years, activity was highest in 2005 at the peak of the housing boom with about <br />5,655 home resales and lowest in 2008 and 2010 with just over 3,600 homes sale in both <br />years. Resales among specific housing types — single-family and townhomes — followed the <br />same activity patterns. <br />• In a given year, approximately 80% of home resales are single-family homes and the <br />remaining 20% are townhomes. The highest percentage of townhomes was resold in Blaine, <br />Circle Pines, & Lexington (30%), Coon Rapids (30%), and Ramsey (30%). <br />Number of Homes Sold <br />5,000 - <br />4,500 <br />4,000 <br />3,500 - <br />3,000 - <br />2,500 <br />2,000 <br />1,500 <br />1,000 <br />500 - <br />0 <br />2000 <br />Annual Home Resales <br />Anoka County, 2000 to 2010 <br />2005 <br />2008 2009 <br />■ Single -Family ❑ Multifamily I <br />2010 <br />• As of 2010, the following submarkets led market activity for single-family resales: <br />o Blaine, Circle Pines, & Lexington — 574 resales, 19.9% of County <br />o Coon Rapids — 467 resales, 16.2% of County <br />o Southern Leg — 434 resales, 15.0% of County <br />o Andover — 333 resales, 11.5% of County <br />• The following submarkets had the highest median resale price for single-family homes in 2010: <br />o Oak Grove & Nowthen - $235,000 <br />o Lino Lakes & Centerville - $226,500 <br />o Ham Lake - $219,900 <br />o Andover - $217,300 <br />MAXFIELD RESEARCH INC. <br />83 <br />