Mark Parrish
Twin Cities Area
Market update 2015
Greetings!
Lakes Sotheby’s International realty represents a higher level of marketing, in a variety of locations, price points and is comparable in fees to our competitors. Our service, adver tising, brand recognition and results are second to none in our local and worldwide markets.
I have been a top producing real estate agent in the twin Cities for over 13 years, and voted a “Super real estate agent” every year since 2006 by twin Cities Business Monthly and Mpls/St. paul magazines. I am quoted in Star tribune’s ar ticle “When the House doesn’t Sell” showcasing my creative styles of marketing and adver tising.
My work ethic is described as hard-working, responsive and client driven. I am commended on my problem-solving abilities and fluent negotiating style. I follow the golden rule: “treat people how you wish to be treated; be honest, compassionate and straight forward.”
Homes hold special memories, relationships and treasured possessions. they are repositories of things that matter. Lakes Sotheby’s International realty is the predominant brand to represent your largest investment.
In this market update, I provide you with detailed up-to-date statistics for our local real estate market, career sales and my marketing & sales strategy. I have also included a sampling of listings from around the world that may peak your curiosity.
If you are considering a move, please contact me for a confidential meeting and allow me to demonstrate the Sotheby’s difference.
Sincerely,
Mark parrish
Mark Parrish
% of List Price -0.3%
96% 95.7%
Days on market-8.7%
85 78
twin Cities Market update 2013 - 2014
Supply+5.9%
3.4% 3.6%
Average sale prices+7.9%
190,000 205,000
20,000
15,000
10,000
2012 2013 2014
14,948
13,012
twin Cities Inventory Levels 2012- 2014
15,092
Market update
All data provided by Minneapolis Association of Realtors and Northstar MLS, powered by 10k Research and Marketing.
markparr i shhomes . com | 3
WhAT’S TRENDING
With lower levels of inventory I
have witnessed the comeback of
multiple offers when homes are
aligned properly in price, location,
style and condition. homes
valued over $1,000,001 had a
+14% increase in sales over 2013.
Working with an agent that can
find homes before they are listed
is key to a buyer’s success in a
competitive market. Quietly listing
your home can be detrimental in
obtaining the optimum price for
your home. It is always best to
consult with an experienced agent
before making a final decision.
5625 Christmas Lake Point Shorewood List Price: $4,000,000 (pre-mls)
4240 Stonewood Circle Minnetrista List Price: $3,500,000 (non-mls)
3355 Graham hill Road Orono List Price: $3,485,000 159 Birch Lane W. Wayzata List Price: $1,790,000
20650 Parkview Lane Shorewood List Price: $1,460,000
47 Sunnyside Lane Sunfish Lake List Price: $1,200,000
100 3rd Avenue S #3603 Minneapolis List Price: $1,179,500
6704 Point Drive, Edina List Price: $1,150,000
27720 Virginia Cove Shorewood List Price: $1,100,000
13635 30th Street North Stillwater List Price: $1,095,000
5920 Boulder Bridge Lane Shorewood List Price: $1,060,000
7810 County Road 30 Waconia List Price: $970,000
6221 Fox Meadow Lane Edina List Price: $895,000 2950 Island View Drive Mound List Price: $889,000
4928 Sunnyslope Road East Edina List Price: $824,900
6636 Brenden Court Chanhassen List Price: $810,000
5665 Woodcrest Drive Edina List Price: $800,000
810 Overlook Lane Victoria List Price: $799,000
2355 Island Point Victoria List Price: $799,900
5124 Baker Road Minnetonka List Price: $799,900
345 Spring hill Road Orono List Price: $749,900
5002 Arden Avenue Edina List Price: $699,900
6829 Oaklawn Avenue, Edina List Price: $699,900
18495 Explorer Trail, Eden Prairie List Price: $699,900
940 Nine Mile Cove South, hopkins List Price: 699,900
8779 Ridge Ponds Lane, Chanhassen List Price: $685,000
860 Brockton Lane North Plymouth List Price: $679,900
6825 Wooddale Avenue SEdina List Price: $649,900
4444 Fondell DriveEdina List Price: 649,900
1005 Bayside LaneMinnetrista List Price: $619,800
5216 Logan Avenue South, Minneapolis List Price: $589,900
6832 Oaklawn AvenueEdina List Price: $589,900
2641 Inglewood Avenue South, Saint Louis Park List Price: $559,900
4705 hibiscus Avenue, Edina List Price: $550,000
14501 Minnehaha Place, Minnetonka List Price: $529,900
18124 87th Avenue North, Maple Grove List Price: $529,900
Mark parrish, recognizable Career Sales
2009 Adeline Court, Wayzata List Price: $494,900
3838 Linden Drive East Medina List Price: $489,900
19011 Valley Drive Minnetonka List Price: $479,900
413 Griffit Street, Edina List Price: $419,900
3912 West 58th Street, Edina List Price: $389,900
5309 West 56th Street Edina List Price: $359,900
5128 Luverne Avenue Minneapolis List Price: $349,900
4745 Tonkaview Court, Orono List Price: $349,900
235 Byrondale Avenue Wayzata List Price: $319,900
5601 Wentworth Avenue Minneapolis List Price: $292,900
5645 12th Avenue South Minneapolis List Price: 279,900
6021 Fremont Avenue South Minneapolis List Price: $274,900
2324 Roosevelt Street NE Minneapolis List Price: $269,900
3480 Montgomerie Avenue Deephaven List Price: 214,000
306 harrison Avenue South Edina List Price: $214,000
markparr i shhomes . com | 5
Boca Raton, FL 3 Bed, 4 Bath $519,999
Kauai, hawaii3 Bed, 4 Bath $775,000
Phoenix, AZ5 Bed, 4 Bath $795.000
Naples, FL3 Bed, 4 Bath $995.000
Paris, France1 Bed, 1 Bath $1,115,103
San Francisco, CA2 Bed, 1 Bath $1,250,000
London, England1 Bed, 1 Bath $1,729,560
Vail, CO2 Bed, 2 Bath $1,750,000
S
oth
eby’
s W
Or
LdW
Ide
prO
per
tIe
S
according to Naar at least
92% of consumers begin their home buying process online.
Lakes Sotheby’s International realty has created an extensive online marketing
plan to reach more prospective buyers through our locally focused and
globally interconnected members’ sites. Home buyers are 500% more
likely to come from the web than print advertisement.
Our online advertising and web optimization efforts create high-level
links to LakesSothebysrealty.com and Sothebysrealty.com to attract more
consumers to search, view and inquire than any other luxury real estate website.
global Media• Over 800 million impressions through hand-selected media powerhouses.
• 10,000,000 visits
• 70,000,000 page views
• 21,000,000 property detail pages viewed
• 45% visits from outside the United States
Lakes Sotheby’s International realty’s Worldwide exposure
markparr i shhomes . com | 7
ma
rkp
arr
ish
ho
me
s.co
m
H
OM
eS F
Or
Sa
Le
Minneapolis$574,900
Long Lake$429,900
McGregor$559,900
Edina $579,900
Edina$799,900
Minneapolis$199,900
Lake Minnetonka$2,350,000
Minneapolis $380,000
HO
MeS FO
r Sa
Le ma
rkp
arrish
ho
me
s.com
Mound $299,777
Minnetonka$1,179,000
Minneapolis$629,900
Woodland$1,600,000
St. Louis Park$749,900
Minneapolis $179,900
St. Paul$2,995,000
Lake Minnetonka Price Available Upon Request
9
Marketing & Sales Strategy I provide a detailed orientated and executed marketing plan with one goal in mind.
deliver the best service, communication and optimum results. My proven track record will assist you in obtaining the most out of the current market.
10 | markparr i shhomes . com
PrOPerty BrOchUreS
We understand the unique value of your home and will develop a marketing plan that will provide the attention and exposure it deserves. By combining professional style, photography, and attention to getting narrative details, your home’s brochure will act as an essential tool in attracting qualified buyers.
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions and changes including price or withdrawal without notice. ©MMX Sotheby's International Realty Affiliates LLC. All Rights Reserved. Sotheby's International Realty® is a licensed trademark to Sotheby's International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each Office is Independently Owned and Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. SIR220UV
PROPERTY DETAIL
Living Room: 14 x 13 | Dining Room: 12 x 12 Kitchen: 16 x 12 | Great Room: 17 x 16 Master Bedroom: 25 x 19 | Bedroom 2: 13 x 11 Bedroom 3: 13 x 12 | Bedroom 4: 14 x 13 Bedroom 5: 15 x 13 | Office: 14 x 11 Media Room: 16 x 14 | Family Room: 26 x 16 Wet Bar: 15 x 9 | Wine Cellar: 7 x 5
5308 O A AKLAWN VENUE
EDINA, MN
Year Built: 2007 Total Square Footage: 5,305
Lot Dimensions: 60 x 135 2010 Property Taxes: $17,594
Jeff Hornig Hornig & Associates Lakes Sotheby’s International Realty 3217 L Galleria, Edina, MN 55435 www.HornigandAssociates.com
t 952.230.3165 e [email protected]
5308 OAKLAWN AVENUE
Edina, Minnesota
resideHigh-profile media channels including Wall Street Journal.
Artful LivingCirculation: 33,000 80% direct Mail 6% Newsstands 14% Hotels & partners
Sotheby’s at auctiondistributed: 25,000 active Sotheby’s auction Houseclientele and for purchase.
global Media partnerS
No other company offers a comparable global marketing placement in the world’s most-distinguished and targeted print media forums.
WINTER 2014
Setting the Stage
Sellers are rewarded with higher returns when they stage their home to the public. Before your house is shown, we’ll help you strengthen buyer reception - with a complimentary staging analysis and recommended enhancements.
profeSSional photography
Working with the best in the business, we hire professional photographers to capture the right images to best represent your home. We will make a statement about your property with detailed, artistic, professional photography. Considering the high importance of having a strong online presence, we stress the importance of a large variety of quality, professional photography to best represent your property on each and every website, as well as all print media.
612.385.5920
The common denomina tor o f homes represented by Lakes Sotheby’s International Realty professionals
is not a particular price range, but rather, the distinctive character of the property. Lakes Sotheby’s
International Realty professionals represent homes of significant interest in all price ranges and understand
that a home, regardless of its price, holds and reflects the value of your life’s investment.
markparrishhomes.com
Strong SaleS. Strong brand. Strong Service.
If your home is currently listed with another broker this is not intended as a solicitation of that listing.
Mark Parrish
3217L Galleria, Edina, MN 55435
Top Related