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FOR -SALE HOUSING ANALYSIS <br />Sales Price <br />$350,000 <br />$325,000 <br />$300,000 <br />$275,000 <br />$250,000 <br />$225,000 <br />$200,000 <br />$175,000 1 <br />$150,000 <br />$125,000 <br />$100,0 1 <br />6,433 <br />Median Resale Values in Ramsey: 2000 to 2018 <br />$294,000 <br />Single -Family +Multifamily <br />$246,000 <br />$75,000 r 1 $90,0001 <br />2000 01 02 03 04 2005 06 07 08 09 2010 11 12 13 14 2015 16 17 18 <br />Year <br />Home Resales by Price Point <br />Table FS-3 shows the distribution of sales within nine price ranges from resales in 2018. The <br />graph on the following page visually displays the sales data. <br />• Approximately 52% of the single-family homes sold in 2018 were priced between $200,000 <br />and $300,000; of which over one-third (34.4%) was priced from $250,000 to $300,000. <br />However, homes priced from $300,000 to $400,000 made-up 38% of all single-family sales <br />in 2018. <br />• About 55% of the multifamily product sold last year was priced from $150,000 to $200,000. <br />Another 37% was priced from $200,000 to $250,000; hence over 90% of the multifamily <br />housing sold was between $150,000 and $250,000. <br />MAXFIELD RESEARCH & CONSULTING, LLC 97 <br />