Woodbury Homes For Sale and Market Update; January 13th, 2014

Woodbury Homes For Sale and Market Update; January 13th, 2014

Real estate market data for Woodbury Homes For Sale, provided by Matthew Johnson of The Johnson Real Estate Group at Keller Williams

Real Estate Activity Update

Only 4 closings last week but it’s no surprise for the first week of a new month, in the new year. Listing inventory grew slightly however the level of homes in the ground and available remain quite low. Our MLS tracks the number of homes currently under contract pending an inspection as well as builder models or (to be builts / spec homes)… meaning they don’t even exist yet!

The ACTUAL number of homes  you could buy today in Woodbury is not 248… because when you subtract contracts (41) builder specs etc. (63) you wind up with only 144 active and available to move into today. This represents just over 2 months of inventory not the 3.2 we see every week as the data comes out. Know your numbers… know your agent. Call us today 651-209-3767

Go to http://twincities.guaranteedsale.com if you want to see what your home is worth today!

The stats for the Woodbury Real Estate Market in the previous week

• New listings of Woodbury Homes For Sale continue with 19  homes hitting the market

• Pending properties add 6 new sales, with 60 pending homes

• Overall inventory is at 248 homes for sale… 32 have offers in contingency status!

 

When adjusted for seasonality and compared to 2012 for the month of November 2013:

• Median Sales Price is up 10% to $266,500

• Days on Market is down to 68 days on market

• Percent of original list price received is still at 97.4%

• Months supply of inventory in Woodbury is down 32.1% to 2.8 months *NOTE : SELLERS MARKET*

 

Click to view the current inventory of Woodbury Homes For Sale, or New Listings In Woodbury Minnesota or New Construction Homes in Woodbury!

 

Information is gathered from the Northstar Multiple Listing System and “InfoSparks”

Good luck and happy home selling!

Matthew Johnson

www.mattjrealtor.com

Licensed in both Minnesota and Wisconsin, The Johnson Real Estate Group serves; Woodbury, Oakdale, Cottage Grove, and the entire Twin Cities Area including Western Wisconsin! We are dedicated to providing a superior experience when buying or selling your Twin Cities home! Contact us at www.mattjrealtor.com to find out more.

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