mark parrish

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


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

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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


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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

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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

[email protected]

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

mark parrish

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