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Agenda - Council - 08/27/2019
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Agenda - Council - 08/27/2019
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3/17/2025 2:32:48 PM
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8/29/2019 2:24:11 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/27/2019
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FOR -SALE MARKET ANALYSIS <br />35 <br />30 <br />25 <br />in 20 <br />15 <br />4- <br />0 <br />a 10 <br />5 <br />0 <br />Ramsey Active Listings - June 2019 <br />i i Single -Family ■ Multifamily <br />Under $100k to $150k to $200k to $250k to $300k to $400k to $500k to $750k to $1M+ <br />$100k $149.9k $199.9k $249.9k $299.9k $399.9k $499.9k $749.9k $999.9k <br />List Price <br />About 9% of Ramsey's single-family homes for sale are priced less than $250,000. However, <br />25% of the active inventory is priced between $250,000 and $300,000. About 24% of the active <br />homes are priced above $400,000. <br />• One and two-story home styles comprise nearly 60% of the active single-family listings in <br />Ramsey. Two-story homes make-up 31% of the homes for sale in Ramsey; the largest per- <br />centage in the single-family property types. Two-story homes tend to be new construction <br />and have higher housing costs; averaging about $419,000. <br />TABLE FS-7 <br />ACTIVE LISTINGS BY HOUSING TYPE <br />RAMSEY <br />June 2019 <br />Property Type <br />Listings <br />Pct. <br />Single-family 75 76.5% <br />Detached Townhome/Townhome/Twinhome 23 23.5% <br />Condominium/Cooperatives 0 0.0% <br />Total <br />98 100.0% <br />Sources: Regional Multiple Listing Service of MN; Maxfield Research & Consulting, <br />LLC. <br />MAXFIELD RESEARCH & CONSULTING, LLC 105 <br />
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